The Lede
Top National News
Florida Officials Approve Plan to Build Largest U.S. Mall
Wall Street Journal, June 19, 2018--Esther Fung (subscription)At a time when store closures are accelerating and struggling malls pockmark the country, county commissioners in Florida have approved a plan to build what would be the largest mall in the U.S. American Dream Miami would also be the most expensive mall ever built.
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In the Pipeline: Only One Thing Can Stop Multifamily’s March
HousingWire, June 18, 2018--Jeremiah JensenMultifamily real estate is proving itself to be a rock-solid investment, and as the economic cards fall in favor of the asset class, its strong fundamentals are cementing into place and turning it into a nearly unstoppable barge of respectable returns on investment. But will the good vibes last?
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What Do SFR Renters Want?
National Real Estate Investor, June 18, 2018--Bendix AndersonKeeping single-family rental residents in homes longer drastically improves the economics of the business because of the high cost involved in preparing a home to rent.
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Regulation to Blame for 32% of Multifamily Production Expenses
National Mortgage News, June 15, 2018--Elina Tarkazikis (subscription)Regulation, on average, imposed by all levels of government accounts for 32% of multifamily development costs, according to the National Association of Home Builders and the National Multi Housing Council.
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Pension Funds Hunt for Higher Yields in CRE
National Real Estate Investor, June 20, 2018--Beth Mattson-TeigPension funds still have a healthy appetite for commercial real estate, with firms raising allocations even as industry returns decline.
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Commercial and Multifamily Delinquency Rates Hold Steady
National Mortgage Professional, June 14, 2018--Phil HallThe delinquency rates for commercial and multifamily mortgage loans were virtually unchanged from the fourth quarter of last year to the first quarter of this year, the according to the latest Commercial/Multifamily Delinquency Report issued by the Mortgage Bankers Association.
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Dealmaker of the Week
People in the News
News and Trends
Single-Family Rental Prices Could Be Stabilizing
Rents for single-family rental assets continue to grow, but prices could be starting to stabilize, reported CoreLogic, Irvine, Calif.
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U.S.-China Trade Tensions ‘Non-Factor’ So Far for CRE
Both U.S. and Chinese property markets continue to perform well despite increasing trade tensions between the two countries, reported Cushman & Wakefield, New York.
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Industrial Real Estate Hits its Stride
After record years in 2016 and 2017, the industrial sector is poised for an even stronger 2018, reported Yardi Matrix, Santa Barbara, Calif.
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First Half Hotel Performance ‘Better Than Expected’
North American hotels continue to experience significant growth, with average daily rates up 2.7 percent and bookings up 1.4 percent compared to the first quarter, reported TravelClick, New York.
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