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SUBSCRIBE ? Volume 8 | Issue 28 | Thursday, July 8, 2010
The Lede
Lease Structures Play Role in Buy/Hold Decisions
Office properties may cause rising interest rate risks for investors.
Full Story

Industry News

Trends

CMBS News

MBA Policy & Advocacy

Dealmaker of the Week

MBA News

Article Abstracts

Industry News
FHA Announces New Oversight Changes for Multifamily Lenders, Underwriters
FHA yesterday announced plans to implement a series of changes to its multifamily insurance programs, designed to update underwriting policies, increase lender and underwriter quality and align loan application, submission and approval standards.
Full Story

Fortress Funds to Acquire CW Capital
Fortress Fund Investment Group LLC, New York, announced yesterday that affiliates of certain Fortress managed funds would acquire CW Financial Services, Needham, Mass.
Full Story


Trends
ULI: 'Compact Development' Key Urban Growth, Climate Change Mitigation
A new report from the Urban Land Institute, Washington, D.C., said compact development is a key component in efforts to mitigate climate change and to promote sustainable urban growth.
Full Story

Manhattan Housing Rises in 2Q
High unemployment and tight credit continue to challenge the market, but the second quarter Prudential Douglas Elliman Manhtattan Market Overview showed improvement in the past year.
Full Story


CMBS News
Realpoint: CMBS Delinquency Increases Likely Through Year-End
The 7.27 percent May delinquency rate in commercial mortgage-backed securities reflects an upward trend likely to continue for the rest of the year, said Realpoint LLC, Horsham, Pa.
Full Story


MBA Policy & Advocacy
MBA Letter Urges Appropriations Committee to Support HUD Priorities
The Mortgage Bankers Association sent a letter to House Appropriations Committee leadership yesterday, urging them to include key housing-related priorities in HUD?s fiscal 2011 budget appropriation.
Full Story

MBA Advocacy Update
Congress moved on multiple fronts last week, bringing the financial regulatory reform bill to the edge of enactment and sending to the President's desk a bill extending the flood insurance program. President Obama signed the bill on Friday.
Full Story


Dealmaker of the Week
Wells Fargo Funds $23M CMBS for The Citrus Center
Wells Fargo & Co., San Francisco, funded a $23 million commercial mortgage-backed securities loan to refinance The Citrus Center in downtown Orlando, Fla.
Full Story


MBA News
MBA Welcomes New Commercial/Multifamily Members
The Mortgage Bankers Association welcomes the following new Commercial/Multifamily Regular and Associate members:
Full Story

Registration Open for CREF 2011
Registration is now open for the Mortgage Bankers Association?s Commercial Real Estate Finance/Multifamily Housing Convention & Expo 2011, taking place Feb. 6-9 in San Diego.
Full Story

CampusMBA LIVE Online Workshop on Drywall, Lead & Mold July 15
CampusMBA, the education arm of the Mortgage Bankers Association, presents a LIVE Online Workshop, Drywall, Lead and Mold: The Problem and Insurance Solutions, on Thursday, July 15 from 2:00-3:15 p.m. ET.
Full Story

QuoteLink

"Despite recent developments, office properties are still facing extreme pressure in a troubled leasing environment. We are at a 16-year high for vacancies--the last time we saw vacancies at or around 17 percent was in 1993."
--Ryan Severino, economist at Reis Inc.

StatLink

About MBA Commercial/Multifamily NewsLink
Publisher: Cheryl Crispen, Senior Vice President - Communications and Marketing
Editor: Mike Sorohan 202/557-2855 MSorohan@mortgagebankers.org
Editorial Manager: Michael Murray 202/557-2851 MMurray@mortgagebankers.org
Senior Staff Writer: Charles Wisniowski 202/557-2841 cwisniowski@mortgagebankers.org
Advertising Opportunities: Bill Farmakis 203/834-8832 bill@jlfarmakis.com
John Courson, President and CEO, Mortgage Bankers Association

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