MBA CREF 2022 Attendees Talk Debt, Lending Activity
Attendees are looking forward to the MBA CREF 2022 not only to get a sense of where the capital markets are headed, but also to get some face time with colleagues and clients.
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.
GlobeSt.com also caught up with Joe Euphrat, a managing principal at GreenRock, who says that coming out of the pandemic and into a seemingly certain interest rate increase environment of three to four hikes, most likely, there seems to be continued good lending activity for projects that make sense.
“We are looking forward to understanding the important themes and perceptions for 2022,” he explains. “In addition, we are looking forward to getting continued market feedback of C-PACE financing,” Euphrat says. “GreenRock is continuing to see both increased awareness, increased activity and increased use of C-PACE financing throughout a number of CRE verticals.”
In particular, GreenRock will explore possible solutions to help its colleagues achieve their goals, he adds. “We look forward to talking with our real estate colleagues about our company.”
GlobeSt.com will be covering the event, which is taking place Feb 13-16. Please come back for more coverage.