Institutional Property Advisors, Ontario, Calif., sold Liv North Scottsdale, a 240-unit multifamily asset in Scottsdale, Ariz., for $145 million, or $604,167 per unit.
Category: News and Trends
Employment Approaches Pre-Pandemic Levels
U.S. employment rolls increased by more than 425,000 in April, the Bureau of Labor Statistics reported Friday.
Industrial Fundamentals Break More Records
JLL, Chicago, reported the industrial sector vacancy rate fell for the sixth consecutive quarter in early 2022, from 3.8 percent to 3.4 percent.
MBA Chart of the Week May 9, 2022: Loans in Foreclosure Process
The Mortgage Bankers Association’s National Delinquency Survey covers national and state delinquencies through the first quarter of 2022.
MBA Advocacy Update May 9 2022
Last Thursday, the OCC, Federal Reserve, and FDIC issued a joint notice of proposed rulemaking overhauling Community Reinvestment Act regulations. And HUD announced an exclusive listing period for CWCOT Post-Foreclosure Sales.
Roby Robertson of LoanLogics: Ignoring Income Defects Could Spell Disaster
Back in 2015, Tesla CEO Elon Musk famously promised that self-driving cars would be a common sight on American roadways within the next three years. He wasn’t alone—Nissan and other automakers thought fully autonomous vehicles would arrive by 2020.
Grandbridge’s Marcy Thomas Talks CMBS, DEI, CCMS Designation
MBA NewsLink interviewed Marcy Thomas, Vice President and Portfolio Loan Manager with Grandbridge Real Estate Capital LLC, about CMBS servicing, DEI, the upcoming Commercial/Multifamily Finance Servicing and Technology Conference and what the CCMS designation means to her.
Mark P. Dangelo:The Digital ‘Butterfly Effect’ — Defining the Consumer and Their Options
As economic and political impacts shift in 2022, underpinning it all is a silent reality crater exposing audit and systemic risks as digital transformations continuously evolve.
Spring, Summer Best Time to Sell Home
May, June and July offer home seller premiums of 10 percent or more above market value–with the top 15 best days to sell occurring in the month of May alone–reported ATTOM, Irvine, Calif.
Kurt Johnson Joins MISMO Board of Directors
MISMO®, the real estate finance industry standards organization, announced Kurt Johnson, Executive Vice President and Chief Risk and Compliance Officer with Mr. Cooper, Dallas, joined the MISMO Board of Directors.