How the health, social and economic impacts of the coronavirus outbreak flow through to commercial and multifamily properties remains clouded in uncertainty – mainly because of the uncertainty about the virus itself and our public and private responses to it. One thing that is clear is that different property types and different markets will be affected differently.
Mesa West Capital, Los Angeles, provided Newport Beach, Calif.-based Sares-Regis Group with $65 million in first mortgage debt to acquire a 169-unit multifamily community in Los Angeles’ Mid-Wilshire neighborhood.
SAN DIEGO–Some call multifamily an Energizer Bunny that just keeps going. But the sector faces significant changes, including regulatory shifts and a new floating-rate index, analysts said here at the Mortgage Bankers Association’s Commercial Real Estate Finance/Multifamily Housing Convention & Expo.