Bloomberg, Nov. 17, 2021–Prashant GopalU.S. apartment building sales have jumped to record levels, outpacing all other forms of commercial real estate. Deals totaled $241.9 billion in the 12 months through …
Group Newslink: MBA Commercial/Multifamily NewsLink Nov. 18 2021
Real Estate Investors Bought 18% Of Homes Sold In Q3
Benzinga, Nov. 15, 2021–Phil HallAccording to a data report from the Seattle-headquartered brokerage Redfin, the third quarter sales level is up from a revised rate of 16.1% in the second …
Commercial MBS Issuance Declines Again in 3Q21
Inside Mortgage Finance, Nov. 15, 2021–John BancroftSecuritization of income-property mortgages fell again in the third quarter, although a few sectors saw increased issuance, according to a new Inside MBS & …
Wells Fargo Sues to Foreclose on Standard High Line Hotel
Bloomberg, Nov. 12, 2021-John Gittelsohn, Eliza Ronalds-HannonThe lawsuit, filed Monday in federal court, alleges that Gaw owes its lenders nearly $187 million.https://www.bloomberg.com/news/articles/2021-11-12/wells-fargo-sues-to-foreclose-on-ny-standard-highline-hotel
Evictions Rising Even as Rental Help From Congress Reaches Millions of People
NPR, Nov. 12, 2021–Chris ArnoldEviction filings are rising sharply in many parts of the country. So a race is underway to get rental assistance money from Congress to people who …
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.
CRE Applauds $1.5T Infrastructure Plan
Commercial Property Executive, Nov. 9, 2021–Paul FiorillaCommercial real estate trade groups are applauding the passage of the federal infrastructure act as a long-overdue investment that will provide a boost for …
Building and Renting Single-Family Homes Is Top-Performing Investment
Wall Street Journal, Nov. 9, 2021–Will Parker (subscription)Single-family homes built to rent are emerging as the hottest corner of the U.S. property market, as investors respond to booming demand from …
Here’s How Biden’s Focus on Affordable Housing Will Impact CMBS
GlobeSt.com, Nov. 9, 2021–Lynn PollackMike Flood, the Mortgage Bankers Association’s Senior Vice President Commercial/Multifamily Policy and Member Engagement, told Trepp in an interview this week that the proposed changes will …
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 …