A Record Year for Adaptive Reuse

More than 20,000 units in older office and other commercial buildings will be converted to apartments this year, reported RentCafe, Santa Barbara, Calif.

Fitch Ratings: Small U.S. Banks Most Exposed to Commercial Real Estate Losses

Fitch Ratings, Chicago, said the U.S. commercial real estate market will likely see deteriorating credit metrics once stimulus measures wind down and forbearance programs expire, with smaller CRE-concentrated banks more susceptible to elevated losses, which are expected to peak below levels seen in the past.

Grant Carlson: The Supreme Court Ruling on CDC Residential Eviction Moratorium

On Tuesday the U.S. Supreme Court in, a 5-4 ruling, declined to lift the national Center for Disease Control and Prevention’s residential eviction moratorium. The ruling responds to a request to lift the D.C. Federal District Court’s stay, which has effectively paused its order invalidating the CDC moratorium. Presumably, the CDC eviction moratorium will expire on July 31.

MBA Chart of the Week June 14, 2021: Key Tax Proposals for Commercial Real Estate Finance

The Biden Administration’s proposed Fiscal Year 2022 Budget put down in black and white – and dollars and cents – many suggestions that have been made in more general terms in the Administration’s American Jobs and Family Plan, during the most recent presidential campaigns and in some cases going back decades.

MBA Chart of the Week June 14, 2021: Key Tax Proposals for Commercial Real Estate Finance

The Biden Administration’s proposed Fiscal Year 2022 Budget put down in black and white – and dollars and cents – many suggestions that have been made in more general terms in the Administration’s American Jobs and Family Plan, during the most recent presidential campaigns and in some cases going back decades.