Shaping Our Industry

Our members shape the commercial real estate finance industry with our advocacy initiatives. Through a collaborative process with our members, CREFC develops official policy positions that are presented as needed to legislators and regulators. These policies are developed through participation in our forums. CREFC also maintains fact sheets in online and PDF format on all major CRE issues and informs members weekly of the latest regulatory developments. To make a difference in the direction of our industry, sign up for a forum and participate in our advocacy efforts below. Contact Justin Ailes with any CREFC policy or advocacy questions.

Latest News

News

Nikki Haley to Announce 2024 Presidential Bid

February 6, 2023

The field for the 2024 Republican Presidential nomination is starting to thaw.

Last week, former U.N. Ambassador Nikki Haley announced she will make a “Special Announcement” on February 15 and travel to New Hampshire and Iowa.

Our thought bubble: If that doesn’t scream, “I’m running for President,” we don’t know what else will.

Why it matters: Haley is the first high-profile challenger to former President Trump. Her compelling personal background and record as Governor of South Carolina give her an edge that is not to be overlooked.

The big picture: The 2024 Republican Presidential primary field is anticipated to be crowded:

The bottom line: The time between now and when the Republican nominee will be announced during the Republican National Convention in July 2024 is significant. During this period, CREFC will shine a spotlight on the candidates to watch this cycle.

Contact Chelsea Neil (cneil@crefc.org) with questions about the 2024 election cycle.

Contact 

Chelsea Neil
Manager, Political and Government Relations
540.903.9759
cneil@crefc.org
Illustration of an elephant thawing from an ice cube.
The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2023 CRE Finance Council. All rights reserved.
Nikki Haley to Announce 2024 Presidential Bid
February 6, 2023
The field for the 2024 Republican Presidential nomination is starting to thaw.

News

ICYMI: Federal Election Commission Increases Contribution Limits

February 6, 2023 

On February 2, the Federal Elections Commission (FEC) increased the amount that individual donors can give per candidate per election to $3,300.

Why it matters: The announcement reflects the current inflationary environment. Donors can now also give a candidate up to $6,600 between the primary and general elections — or $9,900 if a race goes to a runoff.

By the numbers: The amount represents a $400 increase from the $2,900 limit during the 2022 election cycle.

Go deeper: Visit the FEC website for the complete list of contribution limits during the 2024 cycle.

If you have questions about political giving contributions or the FEC, please contact Chelsea Neil (cneil@crefc.org). 

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Contact

Chelsea Neil
Manager, Political and Government Relations
540.903.9759
cneil@crefc.org
Illustration of all the 2020 democratic candidates around a dollar bill
The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2023 CRE Finance Council. All rights reserved.
ICYMI: Federal Election Commission Increases Contribution Limits
February 6, 2023
On February 2, the Federal Elections Commission (FEC) increased the amount that individual donors can give per candidate per election to $3,300.

News

SEC Releases Annual Report on Rating Agencies

February 6, 2023

On February 2, the Securities and Exchange Commission (SEC) issued its annual report on nationally recognized statistical rating organizations (NRSROs).

Why it matters: The 2006 Rating Agency Act and Section 15E(p)(3)(C) of the Securities Exchange Act of 1934 require the SEC to submit an annual report to the Senate Banking and House Financial Services committees and the public.

The SEC identified the following potential risks for consideration in the NRSRO-specific risk assessments:

  • Pressure on surveillance practices during times of stress;
  • Pandemic’s impact on commercial real estate;
  • Increased likelihood that communications are conducted through unapproved means (e.g., text messaging);
  • Process weaknesses in managing conflicts of interest with respect to securities ownership by employee;
  • Marketing and development of stand-alone ESG products resulting in conflicts of interest that could affect credit ratings; and
  • Developments that could adversely affect the ratings of firms based in China.

On CRE, the report noted “identified potential risks relating to commercial real estate ratings with significant exposure to sectors negatively impacted by COVID-19, and potential non-adherence to methodologies and rating processes” related to:

  • Qualitative adjustments made to model implied ratings, model implied subordination levels, and inputs to models used in the ratings process;
  • Property valuations; and,
  • Default frequency and severity assumptions or projections.

Contact Sairah Burki (sburki@crefc.org) with questions. 

Contact

Sairah Burki
Managing Director, Regulatory Affairs
703.201.4294
sburki@crefc.org
The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2023 CRE Finance Council. All rights reserved.
SEC Releases Annual Report on Rating Agencies
February 6, 2023
On February 2, the Securities and Exchange Commission (SEC) issued its annual report on nationally recognized statistical rating organizations (NRSROs).

More Advocacy Resources

CREFC Policy and Capital Markets Briefing

Read the latest issue of CREFC's weekly Policy and Capital Markets Briefing

CREFC Policy Tracker

CREFC’s Policy Tracker includes a variety of visual aids and updates to help members understand, track, and analyze key policy issues affecting the CRE and multifamily finance industry.

ESG Initiatives

 CREFC’s Sustainability Initiative seeks to align the objectives of our members and the CRE finance industry with the opportunities and challenges of environmental, social and corporate sustainability.
 

Policy Fact Sheets

CREFC’s Fact Sheets are intended to provide a high-level overview of legislative and regulatory policy issues affecting commercial real estate lenders and investors.  Read the facts.

Read the Latest Government Relations Alerts

For our weekly government relations and industry policy briefings, please visit our Document Resource Center. The Document Resource Center contains CREFC position papers, analyses, testimony, and other policy tools.

Multifamily Housing Affordability

Read CREFC's thought leadership paper: Multifamily Housing Affordability in the Age of COVID and Beyond

Archive

Don't miss a beat! Remain informed on all things CRE and beyond by checking out CREFC's Archive Page. The archive houses legislative and political resources, developed and curated by CREFC's Government Relations team, needed to thrive in today's market.   

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