Walker & Dunlop, Bethesda, Md., structured nearly $385 million in financing for 470 Kent Avenue, a mixed-use development on the East River waterfront in Brooklyn’s Williamsburg neighborhood.
Category: News and Trends
People in the News Dec. 8, 2022: JLL Adds Kristy David to Clean Energy/Infrastructure Practice
JLL hired Kristy David as a Senior Vice President for its Clean Energy and Infrastructure Advisory team.
MBA News Dec. 8 2022
Today in MBA News: MBA Independent Mortgage Bankers Conference; MBA Education Webinar, Ensuring HMDA Data Integrity and Common Reporting Issues; MBA Webinar Available: Inflation, Interest Rate, Cap Rates & Values: What Do We Really Know?; MBA Future Leaders Program. To read more, click on today’s MBA News headline.
Tony Furr and Nikki Reives of Anomaly Squared on Call Center Compliance
Tony Furr is Vice President of Sales and Business Development with Anomaly Squared, Greensboro, N.C. Nikki Reives is the company’s Director of People Operations.
CMBS Sector Outlook: Continued Uncertainty Going into 2023
Kroll Bond Rating Agency, New York, just released its CMBS 2023 Sector Outlook, which looks at key credit trends from 2022 and forecasts U.S. issuance activity for the new year. MBA NewsLink interviewed KBRA’s Larry Kay and Andrew Foster to get their insights on the current lending environment and property fundamentals as well as factors that may affect overall property performance in 2023.
Dawar Alimi of Lender Price on Opportunities in a Challenging Environment
Dawar Alimi is CEO and Co-Founder of Lender Price, Pasadena, Calif., a provider of cloud-native pricing technology to the lending space. He has more than two decades of mortgage industry expertise, during which he has built industry-leading technology and founded several companies.
Today’s Top National News Dec. 8 2022
Here’s a summary of Top National News Items from major news sites and industry trade publications. To get started, click on the headline above:
Quote
“Credit availability increased slightly in November, the first increase in nine months, as lenders continued to navigate a challenging environment brought on by higher rates and a much slower housing market.”
–Joel Kan, MBA Vice President and Deputy Chief Economist.
MBA Weekly Survey Dec. 7, 2022: Applications Down 2nd Straight Week
Mortgage applications fell by nearly 2 percent last week, although falling interest rates sparked an uptick in refinance applications, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending December 2.
JLL: Caution Dampens Real Estate Investment
JLL, Chicago, reported third quarter real estate investment fell nearly 25% year-over-year global to $234 billion.