WASHINGTON, D.C.--The Mortgage Bankers Association announced members of its Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) for 2019 here at the MBA Annual Convention & Expo.
BofA Looks to Fill CRE Lending Void
American Banker, Oct. 15, 2018--Andy Peters (subscription)
Sears, the Original Everything Store, Nears a Bankruptcy Filing
New York Times, Oct. 14, 2018--Michael Corkery
With Market Hot, Landlords Slam the Door on Section 8 Tenants
New York Times, Oct. 12, 2018--Glenn Thrush
Big Lenders Make Push to Liquidate Sears
Wall Street Journal, Oct. 11, 2018--Suzanne Kapner, Lillian Rizzo (subscription)
Lenders Fear Worst from Rent Control Measure on California Ballot
National Mortgage News, Oct. 10, 2018--Hannah Lang (subscription)
Apartment Rentals Now Make Up a Larger Share of New Housing Units in the U.S. Than They Have in Decades
National Real Estate Investor, Oct. 17, 2018--Bendix Anderson
MBA Future Leaders Program Graduates 36 Commercial/Multifamily Real Estate Finance Professionals
WASHINGTON, D.C.--The Mortgage Bankers Association recognized 36 mortgage professionals from the commercial/multifamily market segment in a graduation ceremony for its Future Leaders Program here at the association's Annual Convention & Expo.
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Higher Mortgage Rates Drive Apartment Investment Market Index Decline
Significant mortgage rate increases once again drove declines in the Freddie Mac Multifamily Apartment Investment Market Index in the second quarter and from a year ago.
CMBS Delinquency Rate Drops Again; More than $10B in Retail Debt Affected By Sears Bankruptcy
The commercial mortgage-backed securities delinquency rate fell 23 basis points in September to 3.41 percent, reported Trepp LLC, New York.
CRE Investors Favor Markets with Young Workforces, E-commerce, STEM Jobs
Dallas/Fort Worth returned to the No. 1 spot for commercial real estate investors due to its young workforce and high business start-up activity, reported PwC US, New York, and the Urban Land Institute, Washington, D.C.
Online Retailers Invest in Bricks
A record number of e-commerce retailers opened physical stores last year and 850 more are set to open in the next five years, reported JLL, Chicago.
Multifamily Demand Remains Strong
Though U.S. multifamily rents remained essentially flat in September--the first month rents had not increased since January--year-over-year rent growth remained healthy at 3.0 percent, reported Yardi Matrix, Santa Barbara, Calif.
Cushman & Wakefield's Chicago office acquired multifamily institutional investment sales brokerage firm KIG CRE.
IRR Expands Litigation Practice Group
Integra Realty Resources, Denver, announced one of its original founding members, Stephen Crosson, joined as National Practice Leader of the Integra Litigation Practice Group, which provides litigation support services for real estate-related legal cases.
CBRE Secures $43M for Office, Retail
CBRE, Los Angeles, arranged $43.1 million for a California office property and an Arizona shopping center.
2019 Commercial/Multifamily Future Leaders Application Period Open
The application period is open for MBA Education's 2019 Commercial/Multifamily Future Leaders program.
CRE Basics: Underwriting Multifamily Valuation Starts Nov. 27
MBA Education's popular CRE Basics: Underwriting Multifamily Valuation course starts Nov. 27.
MBA CREF Connects Event at Hudson Yards Oct. 30
MBA CREF Connects regional events bring together commercial real estate professionals in markets across the country.