Delinquency rates for mortgages backed by commercial and multifamily properties declined during the last three months of 2021, the Mortgage Bankers Association’s latest CREF Loan Performance Survey reported.
Group Newslink: MBA Commercial/Multifamily NewsLink Jan. 13 2022
MBA: 4Q Commercial, Multifamily Mortgage Delinquencies Decline
Delinquency rates for mortgages backed by commercial and multifamily properties declined during the last three months of 2021, the Mortgage Bankers Association’s latest CREF Loan Performance Survey reported.
Recent High-Profile Deals Show Institutional Investors Believe in an Office Comeback
Wealth Management Real Estate, Jan. 11, 2022–Patricia KirkInstitutional investors are on the hunt for Class A office buildings and they are not underpaying. The last few weeks of 2021 saw …
Student Housing Fundamentals Show Resiliency
Yardi Matrix, Santa Barbara, Calif., reported student housing sector fundamentals remain strong as pre-leasing for the 2022 fall semester ramps up.
Surging COVID-19 Puts an End to Projected Return-to-Office Dates
Wall Street Journal, Jan. 11, 2022–Peter Grant (subscription)If businesses have learned one thing from COVID-19, it is to stop trying to predict when they are going to be back in …
Make Your Voice Heard through MBA Mortgage Action Alliance
The Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association. For more information, click …
Sign the MBA Home for All Pledge
The Home for All Pledge represents our industry’s long-term commitment on a sustained and holistic approach to address racial inequities in housing.
Asia’s Richest Man is Buying the Mandarin Oriental in New York for $98 Million
CNN, Jan. 10, 2022–Michelle TohAsia’s biggest billionaire, Mukesh Ambani, has snapped up a controlling stake in the Mandarin Oriental in New York City for just over $98 million.https://edition.cnn.com/2022/01/10/business/ambani-reliance-mandarin-oriental-new-york-intl-hnk/index.html
REITs Ended 2021 Up More than 40% for the Year
Wealth Management Real Estate, Jan. 10, 2022–David BodamerPublicly traded real estate investment trusts rode a strong December to wrap up 2021 with total returns for the year up more than …
Property Investors Swap Office Blocks for Data Centers
Wall Street Journal, Jan. 10, 2022–Carol Ryan (subscription)Real estate investors are pulling cash out of offices and putting it into data centers as a hedge against the impact of remote …