Wall Street Journal, March 23, 2022–Peter GrantDevelopers are making bets that as baby boomers age demand will soar for ultraluxury senior housing projects with rents that can exceed $25,000 a …
Group Newslink: MBA Commercial/Multifamily NewsLink March 24 2022
Midtown Manhattan With Fewer Office Workers: Imagining the Unthinkable
Wall Street Journal, Mar. 22, 2022–Kate King, Roque Ruiz, Konrad Putzier (subscription)People want to live in Manhattan as much as they ever have. The problem is that not enough people …
New SEC Environmental Disclosure Rules Will Hit CRE Surprisingly Hard
GlobeSt.com, March 22, 2022–Erik Sherman After years of discussions and hints, the Securities and Exchange Commission finally released its proposed environmental disclosure rule for public company reporting. Even if commercial …
EB-5 Industry Prepares for a Restart Amid New Rules
Wealth Management Real Estate, Mar. 22, 2022–Beth Mattson-TeigThe EB-5 industry received some welcome news in early March. Nearly eight months after the regional program lapsed at the end of June …
San Francisco Rents Barely Changed During Covid Housing Boom
Bloomberg, Mar. 21, 2022–Alexandre TanziThe California technology hubs top U.S. metro areas with the smallest rent growth since February 2020, according to a Bloomberg analysis of data from Zillow Group …
Powell Says Fed Will Consider More-Aggressive Interest-Rate Increases to Reduce Inflation
Wall Street Journal, Mar. 21, 2022–Nick Timiraos (subscription)Federal Reserve Chairman Jerome Powell said the central bank is prepared to raise interest rates in half-percentage-point steps and high enough to deliberately …
MBA’s [sic] Reports Low Delinquency Rates for Commercial, Multifamily Mortgages in Q4 2021
MortgageOrb, Mar. 21, 2022–Ariana FineCommercial and multifamily mortgage delinquencies declined in the fourth quarter of 2021, according to the Mortgage Bankers Association‘s latest Commercial/Multifamily Delinquency Report.https://mortgageorb.com/mbas-reports-low-delinquency-rates-for-commercial-multifamily-mortgages-in-q4-2021
Updated MBA State Commercial Mortgage Licensing Resource Now Available
The Mortgage Bankers Association has updated its state-by-state compilation of commercial/multifamily mortgage licensing requirements. The updated resource is a no-cost, member-only benefit that is updated annually. It covers state requirements …
MBA Education School of Multifamily Mortgage Banking Apr. 6-8
MBA Education presents its School of Multifamily Mortgage Banking from Apr. 6-8 at MBA Headquarters in Washington, D.C. MBA Education’s School of Multifamily Mortgage Banking provides a comprehensive and interactive …
Condo Financing Getting Tough
The Housing Scene (UExpress), Mar. 18, 2022–Lew SichelmanIn most places, condominium and cooperative apartments are considered among the most affordable ownership options. But if they haven’t already, buyers in some …