Bloomberg, Oct. 25, 2022–Matthew BoyleMany offices in the nation’s biggest cities are still less than half full, more than a month after employers ramped up campaigns to cajole or compel …
Group Newslink: MBA Commercial/Multifamily NewsLink Oct. 27 2022
Matt Rocco, New MBA Chair, Emphasizes Affordable Rental Housing Focus
HousingWire, Oct. 25, 2022–James KleimannOn stage in Nashville on Monday, Mortgage Bankers Association Chairwoman Kristy Fercho passed the torch to Matt Rocco, who will take over as chairman in 2023. …
Hotel Developers Turn to C-PACE as Traditional Lenders Pull Back
CoStar, Oct. 25, 2022–Bryan WrotenAs the availability of new-construction financing continues to tighten, an increasing number of hotel owners and developers are turning to commercial property assessed clean energy loans.https://www.costar.com/article/1534920943/hotel-developers-turn-to-c-pace-as-traditional-lenders-pull-back?
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.
Higher Interest Rates Can Take a Long Time to Bring Down Inflation
Wall Street Journal, Oct. 24, 2022–Tom Fairless (subscription)Lags between rate increases and real-world impacts raise the twin risks of tightening too much and too little.https://www.wsj.com/articles/higher-interest-rates-can-take-a-long-time-to-bring-down-inflation-11666517405
Renters Hit Breaking Point in a Sudden Reversal for Landlords
Bloomberg, Oct. 24, 2022–Prashant Gopal, Paulina CacheroAfter a record surge in housing costs and ballooning expenses for everything from food to energy, America’s renters have had enough. Rent gains are …
Make Your Voice Heard through MBA Mortgage Action Alliance
The MBA 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. MAA is dedicated …
Remote Work Changed Their Lives. They’re Not Going Back to the Office
Washington Post, Oct. 21, 2022–Danielle AbrilAs of late September, 21.6 million people in the United States worked remotely for five days, while 32.3 million worked at the office at least …
MBA Commercial/Multifamily DEI Leadership Awards Deadline Nov. 4
MBA recognizes commercial/multifamily members that show leadership in the areas of Diversity, Equity and Inclusion internally through market outreach efforts. As the world continues to evolve, DEI programs are more important than ever before. The Commercial/Multifamily entry period is now open, and will close on November 4 at 11:59 p.m. ET.
Fannie Mae, Freddie Mac Data Should be Public, Trade Groups Say
National Mortgage News, Oct. 20, 2022–Maria Volkova (subscription)The Mortgage Bankers Association in its letter to FHFA’s Director Sandra Thompson argues that Fannie Mae and Freddie Mac, two entities that the …