Peachtree Group, Atlanta, announced it originated $73 million in a construction loan and CPACE financing for the development of a 263-room dual-brand Home2 Suites and Tru by Hilton Hotel in San Diego.
Category: News and Trends
MBA Announces Support for H.R. 7024, the Tax Relief for American Families and Workers Act of 2024
On Jan. 16, Sen. Ron Wyden, D-Ore., and Rep. Jason Smith, R-Mo., released H.R. 7024, the Tax Relief for American Families and Workers Act of 2024. The Mortgage Bankers Association strongly supports the bipartisan, bicameral bill.
CoreLogic: Single-Family Rent Growth Continues Stable Pace
CoreLogic, Irvine, Calif., in its latest Single-Family Rent Index, found national single-family rent growth remained stable in November at 2.7%.
Industry Briefs, Jan. 23, 2024
Industry news from Dark Matter, NRL Mortgage, Calque, Optimal Blue, Ncontracts, BluePoint Mortgage, OptifiNow and Ginnie Mae.
MBA NewsLink Q&A with Berkadia’s JV Equity & Structured Capital Group
MBA NewsLink recently interviewed Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick from Berkadia’s JV Equity & Structured Capital Group about the state of the equity market.
MBA Affordable Housing Partner Spotlight: X-Caliber’s Debbie Campbell
(One in a recurring series about MBA CONVERGENCE, the Mortgage Bankers Association’s affordable housing initiative.)
STRATMOR Group’s Garth Graham-Evaluate Sales Compensation Structure to Regain Profitability
When looking to cut loan production costs, mortgage bankers tend to look closely at fulfillment—or back office expenses—yet the opportunity for significant savings there is limited.
Existing-Home Sales Dip in December
Existing-home sales dipped 1.0% in December to a seasonally adjusted annual rate of 3.78 million, the National Association of Realtors reported Friday.
2024 mPact Summit April 4 in Plano, Texas
Join your real estate industry young professional peers for MBA mPact’s second annual Summit on Thursday, April 4.
MBA Chart of the Week: End of Quarter Delinquency Status
Ongoing challenges in commercial real estate markets pushed the delinquency rate on CRE-backed loans higher in the final three months of 2023.