Insights
March Payrolls Delivers Upside Surprise, Fed’s Holding Pattern Continues
The U.S. macroeconomic landscape has been generally off-kilter for over a month—this week, the economy received some much-needed clarity on both sides of the Fed’s…

May 20, 2025
Backed by the Best: Adam Dunn
At Berkadia, we redefine commercial real estate by offering long-term investments through our mortgage bankers and investment sales advisors. Our producers are industry experts with diverse backgrounds and exceptional market…

May 9, 2025
FOMC Holds Rates Steady as Powell Stares into the Fog
The Federal Open Market Committee (FOMC) held its meeting on Wednesday, May 7. The committee unanimously voted to hold rates steady in the 4.25%–4.50% range. The decision to hold rates…

April 29, 2025
Berkadia FHA/HUD Market Update: First Impressions of 2025
As an industry, HUD multifamily production has been down significantly in the last four years, largely due to increased interest rates and political policies. However, in Q1 2025 HUD-insured multifamily…

April 25, 2025
Agency CMBS Spreads Find Stability in Turbulent Bond Market
Agency CMBS spreads have found stability in the market following early April widening. Strong demand for Agency CMBS paper has driven spreads to tighten ~5bps across tenors this week and…

April 24, 2025
Backed by the Best: Shannon Wilson
At Berkadia, we redefine commercial real estate by offering long-term investments through our mortgage bankers and investment sales advisors. Our producers are industry experts with diverse backgrounds and exceptional market…

April 8, 2025
Be Berkadia Spotlight: Pattie Kurnik
At Berkadia, our success is built upon the talent and hard work of a broad, diversely skilled team. From analysts to loan closing specialists to managing directors, each of our…

April 4, 2025
Liberation Day Volatility
Global markets have been sent into a tailspin following U.S. President Donald Trump’s “Liberation Day” tariff declaration. China has reacted with a retaliatory 34% tariff on all imports from the…

April 4, 2025
Bracket Breakdown: A Deep Dive into Student Housing Needs Among March Madness Universities
In honor of the 2025 March Madness Tournament, let’s examine how all 64 schools that made the tournament stack up in a bracket, comparing the percentage of students requiring off-campus…

March 26, 2025
Swift Changes Under New Leadership: Director Pulte Reshapes FHFA, Fannie Mae, and Freddie Mac
Following his Senate confirmation on March 13, Bill Pulte has initiated a series of significant changes as the new Director of the U.S. Federal Housing Finance Agency (FHFA), including both…

March 21, 2025
March FOMC Meeting – Kick the Can
The Federal Open Market Committee (FOMC) held their March meeting on Wednesday, where committee members voted to hold the Fed funds rate steady in the 4.25%–4.50% range. The FOMC decision…
