The Lede
Top National News
Boston Fed Chief Says Policy May Need to Adapt to ‘New Normal’ Economy
Wall Street Journal, Oct. 14, 2016--Harrison, David
Federal Reserve Bank of Boston President Eric Rosengren called the economic recovery since 2009 slow and full of surprises.
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How Technology Is Revolutionizing CRE Investing
National Real Estate Investor, Oct. 13, 2016--Chivetta, A.J.
Momentum is building toward a tech-driven revolution that promises to provide a much-needed dose of modernization to commercial real estate investing.
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Manhattan Apartment Rents Decline After 35% Surge in Listings
Bloomberg, Oct. 13, 2016--Carmiel, Oshrat
Manhattan apartment rents fell last month as landlords' pricing power was hurt by a wave of new listings and tenants who shopped around for better deals.
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Developer Sees Manhattan Office Tower as a New Landmark
Wall Street Journal, Oct. 16, 2016--Morris, Keiko
SL Green's One Vanderbilt will stand next to Grand Central Terminal and will soar over the Chrysler Building.
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Supervalu to Sell Save-A-Lot Chain to Onex for $1.37 Billion
Bloomberg, Oct. 17, 2016--Serafino, Phil; Giammona, Craig; Deveau, Scott
Supervalu agreed to sell its Save-A-Lot grocery business to Canada's Onex Corp. for $1.37 billion in cash, offloading a discount chain at a time of heavy price competition.
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Cushman Lures Eastdil Secured Sales Team
Wall Street Journal, Oct. 16, 2016--Agovina, Theresa
Cushman & Wakefield CEO Brett White made his boldest move since last year when new ownership brought him in to take the lead role at the real-estate services firm.
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A New Real-Estate War in Silicon Valley
Wall Street Journal, Oct. 18, 2016--Brown, Eliot
Soaring apartment costs in Silicon Valley are fueling popular support for an idea bitterly opposed by many landlords in America's technology capital: rent controls.
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More Pension Fund Money Flowing to Commercial Real Estate
National Real Estate Investor, Oct. 19, 2016--Mattson-Teig, Beth
Pension funds have been following a clear path of increasing allocations to real estate over the past several years.
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Will FHFA Raise Agency Caps Again in the Fourth Quarter?
National Real Estate Investor, Oct. 13, 2016--Mattson-Teig, Beth
Robust multifamily lending prompted the Federal Housing Finance Agency to raise its market-rate lending caps at both Fannie Mae and Freddie Mac twice this year and the door is still open on a third increase before year-end.
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Commercial Mortgages: Real Estate Near the Top of the Cycle But Not Zooming Off Cliff
Richmond Times-Dispatch, Oct. 16, 2016--Little, Andrew
The overall feeling in commercial real estate is that we are near the top of the cycle, but unlike 2007, there is no great fear that we are zooming straight for a cliff.
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Dealmaker of the Week
People in the News
News and Trends
MBA Chart of the Week: Largest Q2 Gains, Losses in Commercial/Multifamily Mortgage Debt
Banks Account for 90% of Increase
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ULI: Demographics Present ‘Lucrative’ Real Estate Opportunities
More Retail Stores Will Become Places That Sell Experiences Rather Than Goods
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Avison Young: Capital Continues to Flow into U.S. CRE
'Historically Low Interest Rates Continue to Fuel Our Industry'
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Retail Single-Tenant Net Lease Cap Rates at Record-Lows
Asking Cap Rates 'Should Hold Steady' For Near Term
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JLL: Markets Show Resilience In ‘Tumultuous’ Year
Full-Year transaction volume on track to achieve $610-630 billion, reported JLL, Chicago.
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