Brian Stoffers, CMB, Global President of Debt and Structured Finance with CBRE and former Chair of the Mortgage Bankers Association, announced plans to retire next year.
Tag: Brian Stoffers CMB
Commercial Real Estate Lending Markets Mirror Economic Recovery
CBRE, Dallas, reported commercial lending markets strengthened in the second quarter, mirroring the wider economic recovery.
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“Borrower’s growing risk appetite has fueled demand for transitional financing, such as bridge loans. As a result, alternative lenders led Q2 non-agency commercial mortgage origination activity. Regional banks and life companies provided competitive quotes, while commercial mortgage-backed securities loan origination activity improved.”
–Brian Stoffers, CMB, Global President of Debt & Structured Finance for Capital Markets at CBRE (and past Chair of the Mortgage Bankers Association).
CRE Lending Showing Resilience
The improving economy created a favorable capital markets environment for commercial real estate lending in early 2021 despite continuing challenges in office and retail loan underwriting, said CBRE, Dallas.
News in Brief from Eastern Union, CBRE, Luxury Mortgage Corp.
With a demand for a second round of federal Paycheck Protection Program (PPP) loans that will inevitably exceed supply, real estate finance company Eastern Union, Brooklyn, is urging pandemic-wracked small businesses nationwide to get a head start on the loan approval timetable by immediately pre-applying for the program.
‘Sluggish’ Acquisitions Slow Third-Quarter CRE Lending Activity
“Sluggish” commercial real estate investment activity caused loan closings to slow in the third quarter, reported CBRE, Los Angeles.
Brian Stoffers, CMB, Reflects on Year as MBA Chairman
Brian Stoffers, CMB, served as Chairman of the Mortgage Bankers Association during perhaps the most interesting year in its history—not that he or anyone else planned it that way.
MBA, California MBA Oppose California Props. 15 and 21
On Election Day, Californians will vote for or against two ballot initiatives strongly opposed by the Mortgage Bankers Association, California MBA and other industry partners.
MBANow: MBA Chairman Brian Stoffers, CMB
With Californians set to vote on ballot initiative Propositions 15 and 21 on Election Day, MBA 2020 Chair Brian Stoffers, CMB, joined MBANow to discuss the initiatives, MBA and its coalition partners’ opposition to them and how MBA members can help.