Yardi Matrix, Santa Barbara, Calif., reported student housing sector fundamentals remain strong as pre-leasing for the 2022 fall semester ramps up.
Category: News and Trends
CoreLogic: Mortgage Delinquencies at Pre-Pandemic Low
CoreLogic, Irvine, Calif., reported the nation’s overall delinquency rate declined for seventh consecutive month to its lowest level since the start of the coronavirus pandemic.
Dealmaker: American Finance Trust Acquires $1.3B Retail Portfolio
American Finance Trust, New York, agreed to acquire a portfolio of 81 multi-tenant retail centers from CIM Real Estate Finance Trust, Phoenix, for $1.3 billion.
MBA CREF Outlook Survey: Originators Bullish on 2022 Outlook
Commercial and multifamily mortgage originators anticipate 2022 will be another strong year of borrowing and lending, according to the Mortgage Bankers Association’s 2022 Commercial Real Estate Finance Outlook Survey.
Tony Thompson, CMB, of NAMMBA: Diversity, Equity & Inclusion Accreditation for Leaders in Lending
You may have picked up on the change in the makeup of tomorrow’s borrower. The growth in home lending market demand is projected to come from traditionally underserved communities and households led by women over the next 20 years. That is not something that most of the lending world is prepared for.
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“Commercial and multifamily mortgage professionals are bullish on 2022. After a strong market bounce-back in 2021, top mortgage bankers expect the momentum to continue in 2022 – with borrowing and lending increasing for every major capital source.”
–Jamie Woodwell, MBA Vice President Commercial Real Estate Research.
December Mortgage Credit Availability Hits 8-Month High
Mortgage credit availability reached its highest level in eight months, the Mortgage Bankers Association reported Tuesday.
People in the News Jan. 12, 2022: Thomas Yoon Named CEO of Excelerate Capital
Castle Mortgage Corp., Newport Beach, Calif., doing business as Excelerate Capital, promoted Thomas Yoon to CEO; he will now serve as CEO and President. Mike Thompson will continue as Board Chairman.
MISMO Names 2022 Board of Directors
MISMO®, the real estate finance industry’s standards organization, announced its 2022 Board of Directors.
Call for Nominations: MBA NewsLink 2022 Tech All-Star Awards; Deadline Jan. 21
The nomination period for the MBA NewsLink 2022 Tech All-Star Awards is underway with a new, simplified entry form. Nominations will be accepted through Friday, Jan. 21.