Commercial real estate asset prices have "plateaued" and transaction volume has moderated as the real estate cycle matures, reported Green Street Advisors, Newport Beach, Calif., and CoStar, Washington, D.C.
Can't Find a Parking Spot? There are 1.6 Million in Des Moines
Des Moines Register, July 13, 2018--Kevin Hardy
Wells Fargo's Doug Mazer Talks Competition and the Bank's Path Forward
Commercial Observer, July 18, 2018--Matt Grossman
Canadian Pension Fund Pumps $250M into Avison Young Expansion
Real Estate Weekly, July 18, 2018
New York City to Consolidate Housing Subsidy Programs
New York Times, July 18, 2018--Nikita Stewart (subscription)
New Hotel or Affordable Housing? Race Is On to Define 'Opportunity Zones'
Wall Street Journal, July 13, 2018--Ruth Simon, Richard Rubin (subscription)
As CRE Lending Landscape Shifts, Nonbank Lenders Step Up
Forbes, July 16, 2018--Evan Gentry
MBA Call to Action on National Flood Insurance Program Reauthorization
Facing a July 31 expiration date for the National Flood Insurance Program, the Mortgage Bankers Association's grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action, urging its members to call their elected officials to vote on a long-term reauthorization.
MBANow: Mark Fisher of StanCorp Mortgage on Commercial Real Estate Ecosystem
The Mortgage Bankers Association released a new MBANow video featuring Mark Fisher, Vice President and Managing Director at StanCorp Mortgage Investors, who discusses the commercial real estate finance ecosystem and MBA engagement/advocacy.
'Mixed' Office Sector Results in 2Q
The office sector saw mixed results in the second quarter as both vacancy and effective rents increased, reported Reis, New York.
Hotel Rates, Bookings Continue to Grow
North American hotel owners continued to experience "significant" growth across all travel segments in the second quarter, reported TravelClick, New York.
Prime Logistics Rents Accelerate Globally Amid E-Commerce Growth
Prime logistics rents--the highest achievable lease rates for top-quality warehouse and distribution center space--increased globally in the fiscal year ending March 31, reported CBRE, Los Angeles.
Alternative asset management firm Canyon Partners, Los Angeles, closed a real estate debt vehicle with more than $450 million in total commitments.
Rodgers Named Enterprise Community Partners Vice President, Denver Market Leader
Jennie Rodgers joined Enterprise Community Partners as Vice President and Denver Market Leader.
HFF Arranges $353M
Holliday Fenoglio Fowler, Houston, arranged $324 million in construction financing and joint venture equity for Arsenal Yards, a six-building mixed-use redevelopment of the former Arsenal Mall in Watertown, Mass.
Public Comments Sought: Revised MBA Standard Property Inspection Form
The Mortgage Bankers Association released for public comment a revision to its Standard Property Inspection Form.
MBA Diversity & Inclusion Awards Entry Deadline July 27
The Mortgage Bankers Association is accepting nominations for its annual residential Diversity and Inclusion Awards, to be presented at the MBA Annual Convention & Expo in October. Nomination deadline is Friday, July 27.
CRE Basics: Intro To Commercial Loan Servicing Starts August 1
MBA Education's popular CRE Basics: Intro To Commercial Loan Servicing series starts August 1.
MBA Education Multifamily Property Inspection Workshop in Washington, D.C. Sept. 12-13
MBA Education presents its popular Multifamily Property Inspection Workshop in Washington, D.C. September 12 and 13.
Commercial Loan Origination Sales Training Workshop in New York Sept. 18-19
MBA Education presents its popular Commercial Loan Origination Sales Training Workshop in New York Sept. 18 and 19.
mPowering You Summit for Women in Real Estate Finance in D.C. Oct. 13
mPowering You, the Mortgage Bankers Association's Summit for Women in Real Estate Finance, takes place Saturday, Oct. 13 at the Walter E. Washington Convention Center in Washington, D.C., ahead of the MBA Annual Convention & Expo.