Personnel News from CBRE, Walker & Dunlop, Marcus & Millichap

CBRE, Los Angeles, announced Bill Grice joined CBRE Hotels as Executive Vice President and Co-Head of Hospitality Capital Markets. Based in the firm’s Atlanta office, he will focus on the origination and placement of debt and equity for hospitality-related transactions.

Multifamily Lending Increased 7% to New Record High in 2019

Fueled by strong market fundamentals and low interest rates, 2,589 different multifamily lenders provided $364.4 billion in new mortgages in 2019 for apartment buildings with five or more units, according to the Mortgage Bankers Association’s annual multifamily lending market report.

Personnel News from Sims, CBRE, Berkadia

HJ Sims, Fairfield, Conn., opened a new West Coast office in Orange County, Calif., and hired Brady Johnson as Senior Vice President.

Brian Stoffers, CMB, Takes Helm as MBA Chairman

AUSTIN, TEXAS–Like many people attending the Mortgage Bankers Association’s Annual Convention & Expo here, Brian Stoffers, CMB, never intended to become a mortgage banker.