SAN DIEGO—The Mortgage Bankers Association will be holding its MBA CREF event next month at the Manchester Grand Hyatt here. It is a fitting time for this annual event as the commercial real estate capital markets await the expected rise in interest rates from the Federal Reserve and its accompanying effects. Perhaps more importantly for attendees, the event is a chance to gather in person to discuss trends in the marketplace and meet with colleagues face to face.
"We are looking forward to bringing our team to San Diego for the MBA in a few weeks. The MBA is always the best way to kick off the year and coming off of a record 2021, we can't wait to discuss everyone's goals for 2022." So says Wally Reid, a senior managing director and Gerard Sansosti, an executive managing director who both co-lead the national JLL Capital Markets Debt Placement & Corporate Finance Platform.
The pair tells Globest.com that after being virtual last year, JLL is very eager to be meeting with its clients face to face and have set up meetings with more than 75 different capital sources. "The debt markets remain very liquid with originations open for all property types although capital sources may get less aggressive on multifamily and more aggressive on retail, office, hospitality, storage and industrial," they add.
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