Commercial and multifamily real estate finance firms are preparing for the transition away from the London Interbank Offered Rate, but there is little uniformity when it comes to the details, according to a new survey by the Mortgage Bankers Association's LIBOR Outreach Committee.
Not All Lenders are Equally Prepared for LIBOR Change
Mortgage Professional America, June 5, 2019--Steve Randall
2019 Rising Star: Amber Lawrence
HousingWire, June 3, 2019
Regional Banks Grow Their CRE Footprints
Multi-Housing News, May 30, 2019--Jeffrey Steele
Blackstone Starts Selling Out of Home-Rental Empire
Wall Street Journal, May 29, 2019--Ryan Dezember (subscription)
Four Ways The Trade Wars Are Undermining Commercial Real Estate
Forbes, June 4, 2019--Jeff Levin
The Mall Meltdown Continues
Wall Street Journal, June 3, 2019--Elizabeth Winkler (subscription)
CMBS Delinquency Rate Continues to Plunge
National Mortgage Professional, June 5, 2019--Phil Hall
NYL Real Estate Investors Lends $85M for Multifamily
New York Life Real Estate Investors originated $84.9 million on behalf of New York Life Insurance Co. for two Texas multifamily assets.
Greystone Expands Houston Presence
Greystone, New York, expanded its Houston-area team with Ed Gray as a Managing Director and Brooks Steele as a Director.
MBA, Trade Groups Renew Push for Flood Insurance Program Extension
With the National Flood Insurance Program slated to expire yet again, the Mortgage Bankers Association and other industry trade groups pressed Congress to move forward with legislation approving an extension through September.
Gradual Slowdown Seen in Hotel Performance
The hotel sector faces declining occupancy in both 2020 and 2021 as supply increases faster than demand, predicted CBRE Hotels, Atlanta.
Industrial Assets Lead CRE Price Growth
U.S. commercial real estate prices rose 0.8 percent in April, led by industrial property price growth, reported Real Capital Analytics, New York.
Investor Sentiment Slipping
Commercial real estate investors appear to be growing more conservative as the real estate cycle lengthens.
Report Sees Robust Office Sector Absorption
Despite steadily growing new office supply, robust absorption held the sector's vacancy rate steady at 13.7 percent in April, said Yardi Matrix, Santa Barbara, Calif.
LGIS Group, Atlanta, launched commercial property loan insurance for commercial real estate, similar to private mortgage insurance in residential mortgage lending.
Apply Now for MBA Education Commercial/Multifamily Future Leaders Program
The MBA Education Future Leaders Program is an executive leadership development program that delivers a comprehensive curriculum for selected managers who have shown leadership interests and abilities.
MBA Education Opportunity Zone Webinar June 19: A Guide to Evolving Program Rules
The Treasury Department recently issued Qualified Opportunity Zone program regulations. Join MBA Education and members of Ballard Spahr's Qualified Opportunity Zone team to dive into how this new set of regulations will affect investments in real estate and operating businesses located in QOZs.
CREF Market Intelligence Symposium in New York July 10-11
The Mortgage Bankers Association CREF Market Intelligence Symposium cuts through the clutter to provide hard facts about the state of commercial real estate markets--what we do and don't know.
MBA Education Multifamily Property Inspection Workshop in Los Angeles July 10-11
MBA Education presents its popular Multifamily Property Inspection Workshop in Los Angeles July 10 and 11.