Bloomberg, June 9, 2021–Noah Buhayar, Tom Maloney and Natalie WongProperty tax bills going out this month are revealing the carnage wrought by the pandemic on New York City’s commercial real …
Group Newslink: MBA Commercial/Multifamily NewsLink June 10
The Only Way to Resolve the Nation’s Affordable Housing Crisis
CNN Business Perspectives, June 9, 2021–Jim Parrott and Mark ZandiIt is a relief to see policymakers finally focus in earnest on the nation’s crumbling infrastructure. But it is unnerving to …
MBA DEI Leadership Awards: Nomination Deadline Aug. 13
Inspire change; share success. The Mortgage Bankers Association recognizes residential and commercial/multifamily members who show leadership in the areas of Diversity, Equity and Inclusion (DEI) internally through market outreach efforts …
Discount Chain Big Lots Invests in New Stores as Stimulus Checks Boost Sales
Wall Street Journal, June 9, 2021–Kristin BroughtonBig Lots CFO Jonathan Ramsden says the company plans to add new locations and distribution centershttps://www.wsj.com/articles/discount-chain-big-lots-invests-in-new-stores-as-stimulus-checks-boost-sales-11623163022?
Workers Are Quitting Hotel and Restaurant Jobs at the Highest Rate on Record
Bloomberg, June 8, 2021–Joe WeisenthalThere’s a record-high level of job openings in the U.S. right now. This is probably no surprise to many people, as we’ve been inundated with stories …
Why the GSEs May be Pacing Multifamily Buying as the Economy Reopens
National Mortgage News, June 8, 2021–Bonnie Sinnock (subscription)The government-sponsored enterprises have been returning to normal underwriting and are buying more loans than last year, but annual limits they have in …
Wall Street Sees 61% of Workers Returning to Office by September
Bloomberg, June 7, 2021–Jennifer SuraneWall Street is getting more optimistic about persuading workers to come back to the office. Employers in the financial-services industry expect 61% of staff to be …
Save on FedEx Shipping through MBA Member Advantage Program
Through the MBA Member Advantage Program, you can save up to 29 percent on small package shipping with FedEx. For more information, click here.
Could Re-Opening Cities Hurt Suburban Housing Markets?
Mortgage Professional America, June 4, 2021–David KitaiThe return of urban markets that do carry some inventory might help relieve pressure on suburban markets, but JArrett Coleman believes that realignment will …
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 …