Through the MBA Member Advantage Program, you can save up to 29 percent on small package shipping with FedEx. For more information, click here.
Group Newslink: MBA Commercial/Multifamily NewsLink Sept. 8 2022
Rent Control Measures Pile Up Nationwide
GlobeSt.com, Sept. 6, 2022–Paul BergeronRent control talk and actions continue to persist in many states across the country, including Florida, California, Minnesota, New York and Nevada.https://www.globest.com/2022/09/02/rent-control-measures-pile-up-nationwide/?
Amazon Closes, Abandons Plans for Dozens of US Warehouses
Bloomberg, Sept. 2, 2022–Matt Day, Spencer SoperMWPVL International Inc., which tracks Amazon’s real-estate footprint, estimates Amazon has either shuttered or killed plans to open 42 facilities totaling almost 25 million …
Rising Mortgage Rates Complicate Decision on Buying Versus Renting
Wall Street Journal, Sept. 2, 2022–Ben Eisen, Nicole Friedman (subscription)“The ratio is a great indicator for households deciding ‘should we rent or should we go ahead and buy?’” said Edward …
Multifamily Has ‘Ample Leeway’ Before Rents Approach Pre-Pandemic Levels
GlobeSt.com, Sept. 1, 2022–Lynn PollackDemand for multifamily units settled somewhat in the third quarter as household formation normalized and inflation began to hit consumers’ budgets, following an extended period in …
Risky Business: Financial System Needs to Be More Resilient in Face of Disasters
National Mortgage Professional, Sept. 1, 2022–Lew SichelmanWho owns all the risk when buyers ignore all those warnings about climate change and move into regions or even neighborhoods susceptible to floods, …
MBA State Commercial Mortgage Licensing Resources
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 …
Some Buyers Hunt for Opportune ‘Stressed’ Hotel Investments
Wealth Management Real Estate, Aug. 31, 2022–Bendix AndersonThere was no wave of COVID-induced distressed buying in the hospitality sector, but there may be some strategic opportunities to buy now.https://www.wealthmanagement.com/lodging-hotel/some-buyers-hunt-opportune-stressed-hotel-investments?
Reflecting the Communities We Serve
DS News, Aug. 31, 2022–Justin FosterOver the last few years, the housing industry has acknowledged a significant legacy of housing discrimination and has emphasized addressing racial inequities. Those of us …
Second Half Looks Better for Private Equity Deal Flow
GlobeSt.com, Aug. 31, 2022–Paul BergeronA slowdown in institutional real estate deals (those of $25 million or more) due to inflation and interest-rate volatility has private-equity investors poised to have “rosier …