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Mortgage Bankers Association Secures $4 Million Rent Reduction in Office Lease Renewal

Deal Terms Reflect Market Pressure To Adapt Hybrid Work Model
The Mortgage Bankers Association agreed to renew a lease at its headquarters on M Street in downtown Washington, D.C. (CoStar)
The Mortgage Bankers Association agreed to renew a lease at its headquarters on M Street in downtown Washington, D.C. (CoStar)

The Mortgage Bankers Association, an industry group that represents stakeholders in the real estate finance industry, has agreed to renew its headquarters lease in downtown Washington, D.C., with a rent reduction of $4.2 million.

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News | Mortgage Bankers Association Secures $4 Million Rent Reduction in Office Lease Renewal