MBA CONVERGENCE Partner Profile: Cheryl Muhammad, Assured Real Estate Services

Cheryl Muhammad is owner and CEO of Assured Real Estate Services, Memphis, Tenn., which she founded in 2005. She is responsible for the company’s day-to-day operations. She has been an award-winning full-time real estate agent since 1999. She serves as Co-Chair of the CONVERGENCE Memphis Information and Trust Gap Workstream.

1Q Homeowner Equity Gains $1.9 Trillion

Corelogic, Irvine, Calif., said “underwater” (negative equity) homes decreased by 24% year over year in the first quarter, while the average homeowner gained $33,400 in equity year over year.

Initial Claims Down 6th Straight Week

Initial claims for unemployment insurance fell for the sixth straight week, reaching the lowest level since before the coronavirus pandemic’s economic impact, the Labor Department reported Thursday.

Commercial Real Estate Not Yet Out of the Woods

U.S. commercial real estate investment increased in April, but not all pandemic-related problems are in the rearview mirror, reported Real Capital Analytics, New York.

People in the News June 11, 2021

Maxwell, Denver, hired Sadie Gurley as Vice President, responsible for helping the company find new opportunities and expand its impact on community lenders across the country.

Single-Family Rentals Rising: A Conversation With Berkadia

One result of a strong housing market driven by low rates, high demand and supply constraints is a substantial increase in investor interest in single-family rental housing. MBA NewsLink interviewed Berkadia executives Hilary Provinse and Dori Nolan about the SFR landscape and the outlook for this burgeoning sector.