Highlights From MBA CREF16 in Orlando

EDR attended the MBA CREF/Multi-Family Conference February 1-3 in Orlando, Florida where we got the opportunity to network with professionals from the top financial institutions in the U.S., showcase our Collateral360 platform, and attend informative and timely sessions on the hottest topics in the lending space today. Always a must-attend conference, CREF draws some of the top real estate lenders from across the U.S. for valuable networking and education.

With over 50 sessions ranging from exploring underwriting trends to an in depth look at the growing CRE equity market, the conference offered plenty of great market insight for the 3000 plus attendees. Those at the show were also treated to a meet and greet with NBA All Star Kareem Abdul-Jabber and legendary College Football Coach Lou Holtz. Both Hall of Famers delivered motivating and entertaining keynotes.

Following are a few key takeaways from the conference:

  • The Fed anticipates raising the interest rate twice this year, and possibly four times in ‘17
  • Property fundamentals appear to be improving
  • Crowdfunding as a source of capital is on the rise
  • Underwriting standards have relaxed somewhat since the financial crisis
  • The CMBS market has declined about 20% in the past year

In addition, EDR’s Al Gabberty provided a demo of Collateral360, the platform being used by nearly 900 lenders to efficiently manage all aspects of the property due diligence process. Gabberty showed how the platform helps lenders simplify workflow associated with the procurement of appraisals, evaluations, environmental, flood, and other property information. He demonstrated how lenders can access information more quickly, and capture information throughout the underwriting process to build massive data sets that can help support audit and compliance, enhance business intelligence, and improve decision making.

For more highlights from the MBA CREF show, read this insightful article from National Real Estate Investor.