MBA Advocacy Update Jan. 9, 2023
With elected members of both the House and Senate returning to Washington on Tuesday to organize for the 118th Congress, all eyes remained focused last week on the evolving process to officially elect a House Speaker.
2022 Jobs Finish on Strong Note
Although nonfarm payroll employment slowed toward the end of the year, it finished on a strong, steady pace, the Bureau of Labor Statistics reported Friday.
MISMO Issues Implementation Guide for SMART Doc Version 3 Verifiable Profile
MISMO®, the real estate finance industry standards organization, released the Implementation Guide for the SMART Doc® Version 3 Verifiable Profile, which outlines requirements needed to create MISMO SMART Docs in PDF format.
MBA Chart of the Week Jan. 6, 2023: CRE Lending/Borrowing
Commercial real estate markets are entering 2023 amid a great deal of uncertainty and, as a result, a significant slowdown in activity. Leaders of top commercial real estate finance firms believe that overall uncertainty will dissipate over the course of the year, but with a host of factors that will drag – rather than boost – the markets in 2023.
Brick-and-Mortar Groceries Show Resilience
The grocery sector continues to show impressive resilience despite inflation, supply-chain issues and labor shortages, reported Placer.ai, Los Altos, Calif.
Dealmaker: JLL Closes $80M Sale, $44M Office Campus Financing
JLL Capital Markets, Chicago, completed $80 million in sales and secured $44 million in financing for Imperial Mariner, a four-building office/medical office campus in Brea, Calif.