Wall Street Journal, Jan. 8, 2021–Ryan Dezember (subscription)There haven’t been so many single-family homes under construction in the U.S. since 2007, yet many of these new houses won’t be for …
Group Newslink: MBA Commercial/Multifamily NewsLink Jan. 14
MBA: December Commercial/Multifamily Mortgage Delinquencies Rise
Delinquency rates for mortgages backed by commercial and multifamily properties Increased for the second month in a row in December, according to the Mortgage Bankers Association’s latest monthly MBA CREF Loan Performance Survey.
Mixed-Income Housing ‘Especially Impactful’ in Areas of Concentrated Poverty
Freddie Mac, McLean Va., said mixed-income housing can decentralize poverty, especially in areas of concentrated poverty.
Microsoft Inks 150,000 Square-Foot Office Lease
Mortgage Professional America, Jan. 7, 2021–David KitaiMicrosoft has signed a lease on a 150,000 square foot office building in Arlington, Virginia, owned and operated by Tishman Speyer.https://www.mpamag.com/commercial/microsoft-inks-150000-square-foot-office-lease-242910.aspx
FHFA Announces GSE ‘Duty to Serve’ 2021 Market Plans
The Federal Housing Finance Agency on Jan. 6 published the 2021 Underserved Markets Plans for Fannie Mae and Freddie Mac under the Duty to Serve program. The Plans became effective Jan. 1.
Q&A: Jamie Woodwell, Mortgage Bankers Association
Scotsman Guide, Jan. 7, 2021–Victor WhitmanCommercial real estate enters 2021 with uncertainty, says MBA Vice President of Commercial Research and Economics.https://www.sg-comdigital.com/comdigital/202101ce/MobilePagedArticle.action?articleId=1649732&app=false%23articleId1649732#articleId1649732
ATTOM: Owning Home More Affordable than Renting in 2/3 of U.S. Markets
ATTOM Data Solutions, Irvine, Calif., said owning a median-priced three-bedroom home is more affordable than renting a three-bedroom property in 63 percent of U.S. counties.
DealMaker: JLL Arranges $168M for Multifamily, Industrial
JLL Capital Markets, Dallas, arranged $167.6 million for multifamily housing in South Carolina and Minnesota and industrial properties in Pennsylvania and Wisconsin.