SAN DIEGO–A 7 percent increase in commercial and multifamily mortgage originations in the fourth quarter capped off a strong 2019 for the market, according to preliminary estimates from the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
CMF Newslinks Archive
Secret Plan to Buy Freddie Mac is the Focus of Lobbyist Lawsuits
Bloomberg, Feb. 11, 2020–Joe Light, Elizabeth DexheimerThe unsuccessful scheme has become the focus of a legal battle involving two former Federal Home Loan Bank of San Francisco employees against that …
Commercial/Multifamily Briefs
Walker & Dunlop and GeoPhy launched Apprise, a new firm that will leverage technology and data science to improve the consistency, transparency and speed of multifamily appraisals.
Labor Shortages are Hitting Multifamily, Too
HousingWire, Feb. 7, 2020–Julia FalconDespite a prolonged multifamily growth schedule, there is still room for rent price to go up, according to Yardi Matrix. https://www.housingwire.com/articles/labor-shortages-are-hitting-multifamily-too/
Q&A: How Low Interest Rates Are Bolstering CRE Loans
Commercial Property Executive, Feb. 6, 2020–Timea-Erika PappJonathan Roth, Justin Kennedy and Toby Cobb of 3650 REIT discuss the industry’s current direction and what to expect going forward.https://www.cpexecutive.com/post/qa-how-low-interest-rates-are-bolstering-cre-loans/
What’s in a B-Piece? Morgan Properties’ Jason Morgan Breaks It Down
Commercial Observer, Jan, 30, 2020–Matt Grossman Jason Morgan of Morgan Properties, King of Prussia, Pa., discusses how he decided to take the plunge into B-piece investing and shares his thoughts …
Fed Holds Line on Benchmark Rates
The Federal Open Market Committee, anticipating no dramatic changes to the U.S. economy in the near future, concluded its two-day policy meeting last week with no action on key interest rates.
This Southern Town Was Growing So Fast, It Passed a Ban on Growth
Wall Street Journal, Feb. 3, 2020–Valerie Bauerlein Lakefront Charlotte, N.C. suburb Lake Wylie passed a 16-month moratorium on commercial and residential rezoning requests and consideration of any new apartment complexes …
MBA Education School of Multifamily Property Inspections in Atlanta Feb 19-20
MBA Education presents its popular School of Multifamily Property Inspections on Wednesday and Thursday, Feb. 19-20.
Chinese Lead Foreign Selling of U.S. Commercial Property
Wall Street Journal, Feb. 4, 2020–Esther FungChinese investors sold off billions more in U.S. commercial property last year than they bought as other foreigners start to sour on the U.S. …