Dwight Capital, New York, closed $151.5 million in financings for three multifamily properties.
Group Newslink: MBA Commercial/Multifamily NewsLink March 11
MBA Education Webinar: Renter Counseling to Mitigate Evictions and Reduce Operational Costs Mar. 31
MBA Education holds a timely Webinar, Renter Counseling to Mitigate Evictions and Reduce Operational Costs, on Wednesday, Mar. 31 from 11:00 a.m.-noon ET. The pandemic has brought to light the …
Remote Work Won’t Be Going Away Once Offices Are Open Again
Bloomberg, Mar. 8, 2021–Xavier LaLanne-TauziaA recent Aviva survey found that 95% of its staff would choose either full-time remote work or a flexible home-office split once lockdowns end. The company …
Improving Economy Could Greatly Benefit the CRE Sector
Commercial real estate operating fundamentals are still “wallowing” for several property types, but improving economic conditions could greatly benefit the sector, said Wells Fargo Securities, Charlotte, N.C.
Is CBRE’s Investment in Industrious a Sign of Where Things Are Headed in the Office Sector?
WealthManagement.com, March 08, 2021–Patricia KirkCommercial real estate services firm CBRE just invested $200 million to acquire a 35 percent share of flexible workspace operator Industrious, making CBRE Industrious’ largest shareholder. …
MBA Education Webinar: Renter Counseling to Mitigate Evictions and Reduce Operational Costs Mar. 31
MBA Education holds a timely Webinar, Renter Counseling to Mitigate Evictions and Reduce Operational Costs, on Wednesday, Mar. 31 from 11:00 a.m.-noon ET. The pandemic has brought to light the …
Optimism Rises Among CRE Capital Sources
Capital sources are growing more bullish about the commercial real estate outlook, reported Marcus & Millichap, Calabasas, Calif.
Dealmaker: JLL Income Property Trust Acquires Life Sciences Facility for $47M
JLL Income Property Trust, Chicago, acquired 170 Park Avenue, a 147,000-square-foot life sciences building in Florham Park, N.J.
MISMO Seeks Public Comment on Life of Loan Product, Commercial Appraisal Dataset
MISMO® announced Thursday it is seeking public comment on the MISMO Life of Loan Business Model and MISMO Engineering Guidelines (MEG) 3 and 6. The 60-day public comment period for MISMO Life of Loan Version 2020.12 runs through April 23.
FHFA Extends COVID-19 Multifamily Forbearance through June 30
The Federal Housing Finance Agency announced yesterday that Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners through June 30, subject to the continued tenant protections FHFA imposed during the pandemic. The programs were set to expire March 31.