Commercial Property Executive, March 1, 2022–Gail KalinoskiBorrowers planning on refinancing their office properties this year should have plenty of options. Lenders are willing, though some are getting more selective.https://www.commercialsearch.com/news/office-refinancing-dollars-abound-but-not-for-every-building/
Group Newslink: MBA Commercial/Multifamily NewsLink March 3 2022
Demand for Science Lab Buildings Soars During Covid-19 Pandemic
Wall Street Journal, March 1, 2022–Peter Grant (subscription)The rapid growth of life-science research during the pandemic is triggering a record boom in the development of new lab space and offices …
Companies Seize On March as a Moment to Reopen the Office
Wall Street Journal, Mar. 1, 2022–Chip Cutter (subscription)The office return is in motion. After two years of remote work, companies including American Express Co., Facebook parent Meta Platforms Inc. and …
Expect More Volatility Into 2022 For These Asset Classes
GlobeSt.com, March 1, 2022–Lynn PollackSome volatility is expected to persist across the multifamily, hotel, and office asset classes well into 2022, according to new research from Moody’s Analytics.https://www.globest.com/2022/03/01/expect-more-volatility-into-2022-for-these-asset-classes/?
Companies See an Opening for Office Reopening
Wall Street Journal, March 1, 2022–Chip Cutter (subscription)With Omicron cases falling, Citi, American Express, Cisco Systems and others say they spot a window to bring workers back together. Citigroup asked …
Multifamily Borrowing Closes 2021 on Strong Note; Record Year Anticipated in 2022
Multi-Housing News, Feb. 28, 2022–Jamie WoodwellLoan originations were 79 percent higher in the final three months of the year compared to fourth-quarter 2020, and increased 44 percent from the third …
Condo Questionnaire Causing Some Boards to Boycott Fannie, Freddie Financing
Orange County Register, Feb. 24, 2022–Jeff LazersonA fast-developing crisis is hitting condominium association boards and property management firms across the country tasked with filling out “draconian” questions required of HOA …
Say Hello Again to the Office, Fingers Crossed
New York Times, Feb. 24, 2022 (subscription)Antsy executives have a message for their employees: Plans to return to in-person work are real this time.https://www.nytimes.com/2022/02/24/business/return-to-work-office.html
Inflation’s at a 40-Year High. Commercial Real Estate Didn’t Get the Memo.
The Real Deal, Feb. 24, 2022As inflation surges at its fastest rate in nearly 40 years, hotels and other sectors of commercial real estate are seeing such outsized performance — …
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 …