The Mortgage Bankers Association forecasts commercial and multifamily mortgage bankers will close a record $652 billion of loans backed by income-producing properties this year, 14 percent higher than last year's record volume ($574 billion).
Mortgage Bankers Predict Commercial, Multifamily Will Reach New Highs
National Mortgage News, Sept. 10, 2019--Bonnie Sinnock (subscription)
Long Hotel Rally Losing Steam as Supply Swells, Business Travel Falls
Wall Street Journal, Sept. 10, 2019--Esther Fung (subscription)
Beyond "Best Efforts": Why Commercial Real Estate Needs to Catch Up on Diversity
Urban Land magazine, Sept. 9, 2019--Kirk Sikes, Evan Mitchell, Sommer Heyman
The Problem In The Disparity In Access To Multifamily Capital
Forbes, Sept. 5, 2019--Blake Janover
Amazon's New Multistory Warehouse Aims to Cut Delivery Times
Wall Street Journal, Sept. 10, 2019--Keiko Morris (subscription)
China's Anbang to Sell U.S. Hotels for More Than $5.8 Billion
Wall Street Journal, Sept. 10, 2019--Craig Karmin, Konrad Putzier (subscription)
Meridian Capital Group Arranges $60M
Meridian Capital Group, New York, arranged $59.5 million in financing for two New York mixed-use properties.
Colliers International Appoints Janus to Lead Healthcare Services
Colliers International Group announced Shawn Janus joined the company as U.S. National Healthcare Director.
Wells Fargo, PNC/Midland Lead MBA 2019 Mid-Year Commercial/Multifamily Servicer Rankings
The Mortgage Bankers Association released its mid-year rankings of commercial and multifamily mortgage servicers' volumes as of June 30, showing Wells Fargo Bank NA, PNC Real Estate/Midland Loan Services, KeyBank NA, Berkadia Commercial Mortgage LLC and CBRE Loan Services with highest volumes.
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
CMBS Delinquency Rate Reaches Another Post-Crisis Low
The commercial mortgage-backed securities delinquency rate fell again in August, setting another post-crisis low in the process, reported Trepp LLC, New York.
Hotel Performance Seen Decelerating Through 2020
An expected slowdown in the nation's economy has CBRE Hotels Research lowering its outlook for the lodging sector.
First-Half CRE Construction Starts Slip
Dodge Data & Analytics, New York, reported commercial and multifamily construction start volume totaled $101.4 billion during first-half 2019, down 6 percent from $107.4 billion in 2018's first half.
Predicting Retail's Future
The changing retail landscape will create new winners and losers, and retailers and landlords who understand consumer expectations will be more successful, said JLL, Chicago.
Private mortgage lender BridgeCore Capital, Beverly Hills, Calif., expanded its commercial loan program to include a complementary second mortgage/mezzanine loan product for borrowers seeking short-term bridge financing on commercial properties.
MBA Education CRE Basics: BMC & Financial Statement Analysis Starts September 25
MBA Education's CRE Basics: BMC & Financial Statement Analysis online course starts September 25.
MBA Education Free Webinar: Navigating the LIBOR Transition Within the CRE Industry Oct. 8
MBA Education offers a free webinar, Navigating the LIBOR Transition Within the CRE Industry, on Tuesday, Oct. 8 from 2:00-3:30 p.m. ET.
MBA Education CCMS Written Exam Prep Course Starts Oct. 11
MBA Education's Commercial Certified Mortgage Servicer Written Exam Prep Course begins Friday, Oct. 11 and will run through Friday, Nov. 22.
MBA Education Multifamily Property Inspection Workshop in Dallas Nov. 13-14
MBA Education presents its popular Multifamily Property Inspection Workshop in Dallas November 13 and 14.