HousingWire, July 13, 2020–Julia FalconWith 110 million people living in rented households in the U.S., mass evictions are a possibility for one in every five renters, according to data from …
Group Newslink: MBA Commercial/Multifamily NewsLink July 16
Survey: Pandemic Forces Nearly Half of Renters to Postpone Homeownership Plans
RentCafe, Santa Barbara, Calif., said its survey of 7,000 renters found although one in 10 renters planned to by a home in 2020, nearly half have now delayed those plans because of the economic impact of the coronavirus pandemic.
Hotel Sector Bouncing Back But Faces Continued Threats
CBRE, Los Angeles, said the hotel sector has seen 10 straight weeks of occupancy gains, but the recent COVID-19 diagnosis increase threatens to “derail” its progress.
Dealmaker: Berkadia Secures $52M for Multifamily
Berkadia secured $51.5 million in Fannie Mae and Freddie Mac funds to refinance multifamily properties in Maryland and Massachusetts.
Public Policy in the Age of COVID: Shaping the CRE Recovery
CBRE’s The Weekly Take Podcast, July 13, 2020Brian Stoffers, CMB, Chairman of the Mortgage Bankers Association and Global President of Debt & Structured Finance with CBRE, discusses how proposals in …
MBA Virtual Commercial/Multifamily Human Resources Roundtable July 20
MBA hosts a peer group for human resources professionals from commercial / multifamily real estate finance firms. The group meets in person once a year and stays in touch throughout …
Fewer Tenants Paid July’s Rent
HousingWire, July 10, 2020–Julia FalconAccording to RealPage and the National Multifamily Housing Council‘s research, 77.4% of renters living in professionally-managed apartments in the U.S. made their rent payment as of …
For Pensions, Valuing Real Estate Is Tough. Covid-19 Brings New Hurdles
Wall Street Journal, July 10, 2020–Heather Gillers, Dawn Lim (subscription)Public pension funds invested in malls, apartments and offices over the last decade in search of higher returns. Now they are …
CRE Market Sentiment Plunges
CRE executives’ market sentiment “plunged as expected” in mid-2020, said RCLCO Real Estate Advisors, Washington, D.C.
MBA Chart of the Week: Delinquency Status of Unpaid Principal Balance 2nd Quarter
The $3.7 trillion commercial and multifamily mortgage market is really a confederation of different capital sources, property types and geographic markets, all bound together by the provision of mortgage capital backed by investment property incomes and collateral value. Often, the overall market moves in tandem. At other times – like now – different segments act very differently.