Commercial and multifamily mortgage bankers are expected to close a record $683 billion of loans backed by income-producing properties in 2020, a 9 percent increase from 2019’s anticipated record volume of $628 billion, according to a new Mortgage Bankers Association forecast.
CMF Newslinks Archive
Some Americans are Ditching their Mortgage to Rent in Retirement…
Business Insider, Jan. 7, 2020–Liz Knueven While conventional advice says that mortgage-free homeownership is important to retirement, many American retirees are finding that renting better fits their lifestyle and their …
Investor-Driven Lender Growth in CRE Finance
The rise of debt funds, mortgage real estate investment trusts and other players broadly referred to as “investor-driven lenders” has been at the heart of the commercial real estate finance narrative this cycle–particularly in recent years.
Greystone’s CEO on Multifamily Lending, Affordability
Multi-Housing News, Jan. 7, 2020–Alexandra Pacurar Greystone Founder and CEO Stephen Rosenberg discussed what makes the multifamily debt market so strong and how the firm plans to reduce the affordable …
Walker & Dunlop’s Wiggins Sees ‘Pivot’ to Affordability
The Mortgage Bankers Association released an interview with Walker and Dunlop Senior Vice President and Chief Production Officer, FHA, Stephanie Wiggins.
Sun Belt Office Markets Offer Some of the Best Opportunities for CRE Investors
National Real Estate Investor, Dec. 20, 2019–Sebastian ObandoSun Belt office markets are routinely outperforming the national office market on numerous metrics, according to industry sources.https://www.nreionline.com/office/sun-belt-office-markets-offer-some-best-opportunities-cre-investors?
RealPage Buys Buildium for $580 Million
HousingWire, Dec. 20, 2019–Kathleen HowleyThe company first announced the acquisition just last month but made it official this week by closing on the deal. This is the company’s eighth acquisition …
Personnel News from Berkadia, Newmark Knight Frank
Berkadia added three new mortgage banking team members to its Irvine, Calif., office: Managing Director Chuck Christensen, Senior Director Vincent Punzi and Vice President of Originations Lowell Takahashi.
MBA Opens Doors Foundation Announces Alliance with Children’s Hospital of Philadelphia
The MBA Opens Doors Foundation announced a new alliance with Children’s Hospital of Philadelphia, establishing Opens Doors’ first collaboration with a Pennsylvania-based hospital.
Why Tech in CRE Is Finally Exploding
GlobeSt.com, Dec. 23, 2019–Kelsi Maree BorlandReal estate tech investment had its best year in 2019, and 2020 is expected to be even better. Institutional investors are driving this change by …