MBA Education’s School of Multifamily Mortgage Banking provides a comprehensive and interactive look at the critical elements of multifamily real estate finance. Attendees will walk away with a thorough understanding of the multifamily lending cycle, key players and products in multifamily mortgage finance and the critical role of capital markets and securitization.
Group Newslink: MBA Commercial/Multifamily NewsLink Jan. 7
Mall of America No Longer Delinquent on its $1.4B Mortgage
Minneapolis Star-Tribune, Jan. 4, 2021–Nicole NorfleetAfter falling months behind on the mortgage of the Mall of America during the onset of the COVID-19 crisis, the mall’s owner has modified the …
Single-Tenant Net Lease Cap Rates Again Reach New Lows
Cap rates in the single-tenant net lease retail and industrial sectors fell once again in the fourth quarter to record lows, reported Boulder Group, Wilmette, Ill.
‘COVID, COVID, COVID’: Pandemic Set to Dominate ’21 Banking Agenda on Hill
American Banker, Jan. 4, 2021–Neil Haggerty (subscription)The Georgia runoffs and resulting balance of power in Congress will help determine which bills on bankers’ wish list gain traction. But regardless, existing …
Brookfield Bids to Take Brookfield Property Partners Private
Bloomberg, Jan. 4, 2021–Scott DeveauBrookfield Asset Management Inc. and a group of investors have offered to acquire the stake in Brookfield Property Partners that they don’t already own, in a …
CMBS Market Musings–Not Out of the Woods?
As the commercial real estate finance market experienced fits and starts last year, no capital source provided more transparency into commercial real estate than CMBS with its monthly investor reporting and credit rating agency coverage creating a window into market performance and challenges for certain retail and hospitality assets.
Industry Briefs, Jan. 5, 2021
Simon Property Group, Indianapolis, completed its acquisition of an 80 percent ownership interest in The Taubman Realty Group Limited Partnership, Bloomfield Hills, Mich.
MBA Chart of the Week: Net Migration by Metropolitan Status
This week’s MBA Chart of the Week shows net migration by metropolitan status over the past five years. The green line shows that the net movement into nonmetropolitan areas has hovered around zero, growing by an average of 19,000 migrants (nationally). On the other hand, metropolitan areas absorbed more than 5.7 million migrants over this period.
MBA Voices: Courageous Conversations with Women of Color Series Begins Jan. 12
The Mortgage Bankers Association introduces a new three-part virtual series, Voices: Courageous Conversations with Women of Color, beginning Tuesday, Jan. 12.
New York Bans Most Evictions as Tenants Struggle to Pay Rent
New York Times, Dec. 29, 2020–Dana RubensteinThe New York Legislature on Monday overwhelmingly passed one of the most comprehensive anti-eviction laws in the nation, as the state contends with high …