Bloomberg, Apr. 9, 2020–Oshrat Carmiel New York apartment leases plunged last month as coronavirus stay-at-home orders kept the city’s renters from moving. www.bloomberg.com/news/articles/2020-04-09/new-york-city-apartment-leases-tumble-while-renters-stay-put?srnd=premium =
CMF Newslinks Archive
Dealmaker: IPA Sells L.A. County Apartment Property for $32M
Institutional Property Advisors, a division of Marcus & Millichap, sold South Hills Apartments, an 85-unit apartment property in West Covina, Calif. The $31.95 million sales price equates to $375,882 per unit.
HUD Announces New CARES Act Mortgage Payment Relief Guidance
HUD announced new mortgage payment relief guidance under the CARES Act for borrowers with multifamily mortgages insured by FHA or borrowers participating in other HUD multifamily housing programs.
With Millions Unemployed, Hotel Industry Lobbies to Spend Stimulus on Other Needs
Washington Post, April 14, 2020–Jonathan O’Connell Hotels were among the earliest businesses to feel the economic sting from coronavirus shutdowns and the first to ask Congress for aid, as top …
Avoiding a COVID-19 Disaster for Renters and the Housing Market
Urban Institute, Apr. 13, 2020–Laurie Goodman, Dan Magder This brief examines the consequences of not helping renters, the assistance that has already been provided through the Coronavirus Aid, Relief, and …
Chris Tomlinson: Time for Some Kind Bargaining in Commercial Real Estate
Houston Chronicle, April 13, 2020–Chris Tomlinson Good businesspeople know how to strike a deal that benefits all parties, and in the time of COVID-19, responsible businesspeople will negotiate deals where …
CRE’s Potential Winners and Losers in a Virus-Hit World
National Real Estate Investor, Apr. 13, 2020–Elaine Misonzhnik COVID-19 will likely leave the world and the commercial real estate industry looking different than before. Here’s how the current pandemic could …
MBA: 2019 Commercial/Multifamily Originations Reach Record $600.6 Billion
Commercial and multifamily mortgage bankers closed a record $600.6 billion of loans in 2019, according to the Mortgage Bankers Association’s 2019 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
MBA Coronavirus (COVID-19) Resources
The Mortgage Bankers Association has developed this resource page to assist our member companies as they plan and prepare for the novel coronavirus disease.
How We Policy–MBA Advocacy Resources for Commercial Real Finance Video
MBA Associate Vice President Alden Knowlton and members of MBA’s Commercial/Multifamily Board of Governors highlight the value of MBA’s advocacy including Mortgage Action Alliance, MORPAC and NAC (National Advocacy Conference). …