Mortgage Professional America, Apr. 23, 2020–Kasi Johnston A new report by Real Capital Analytics says signs of the COVID-19 crisis are starting to appear in the U.S. market for commercial …
CMF Newslinks Archive
Dealmaker: Northmarq Arranges Multifamily Financing in Texas, N.C, Washington
Northmarq arranged sale and financing for a 1,656-unit multifamily portfolio in Texas and $47.8 million for properties in North Carolina and Washington.
Apartment Searches Have Rebounded
HousingWire, Apr. 27, 2020–Julia Falcon In a new report from RentCafe, searches for apartments have now returned to their pre-pandemic numbers. https://www.housingwire.com/articles/apartment-searches-have-rebounded/
Emerging Construction Lending Risks in the Age of COVID-19
On May 6, join MBA and a construction lending experts for a webinar (complimentary for MBA members).
NAIC Issues Clarifying Guidance on RBC Treatment of COVID-19 Loan Modifications
The National Association of Life Insurance Commissioners on Wednesday issued clarifying guidance on the life company risk-based capital treatment of loans modifications during the COVID-19 pandemic.
Cash Pours Into Distressed Real-Estate Funds as Investors Aim to ‘Play Offense’
Wall Street Journal, Apr. 21, 2020–Peter Grant (subscription)Investors are pouring billions of dollars into new real-estate funds created to buy distressed debt backed by hotels, malls, office buildings and other …
Federal Agencies Allow Member Banks to Postpone Appraisals for 120 Days
Three federal agencies this week announced a rule change allowing its member banks to postpone an appraisal on a residential or commercial property for 120 days after the loan is closed.
CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
As CMBS Relief Inquiries Jump, How Much Forbearance Is Enough?
Commercial Property Executive, April 21, 2020–Scott Baltic, Paul Fiorilla Inquiries from CMBS borrowers about coronavirus-related relief have topped $100 billion, raising doubts about the current 90-day forbearance period. https://www.cpexecutive.com/post/as-cmbs-relief-inquiries-jump-how-much-forbearance-is-enough/
How Commercial Real Estate Brokers And Office Users Will Adapt To The New Future
Forbes, April 21, 2020–Shafin Jadavji For commercial real estate brokers, this crisis is a call to think forward. The actions that we as an industry take now will add to …