The New Republic, Feb. 9, 2023–Michael FriedrichAmerica’s housing crisis has reached unfathomable proportions. But new construction isn’t enough to solve it.https://newrepublic.com/article/170480/building-wont-make-housing-affordable-gentrification-book-review
Category: Top National News
The Most Empty Downtown in America
New York Times The Daily podcast, Feb. 9, 2023–Michael BarbaroFor the past decade, San Francisco has worked hard to turn its downtown into a vibrant hub, providing a model that …
Hotel Analysts Expect Industry Resilience Through Recession
Hotel News Now, Feb. 2, 2023–Bryan WrotenTalks of a potential recession permeated the Americas Lodging Investment Summit, but industry analysts don’t expect it would set hotel performance back much.https://www.costar.com/article/940094565/hotel-analysts-expect-industry-resilience-through-recession
Blackstone Shakes Up Leadership at a Key Real Estate Business
Wealth Management Real Estate/Bloomberg, Feb. 2, 2023–Dawn LimBlackstone Inc. is reshuffling the leadership of a key real estate business as the private equity giant navigates one of the most challenging …
HMDA Reporting Requirement Extends to More Banks
National Mortgage News, Feb. 6, 2023–Maria Volkova (subscription)The Office of the Comptroller of the Currency informed banks, which it oversees, that changes have been made to Home Mortgage Disclosure Act …
America’s Offices are Now Half-Full. They May Not Get Much Fuller
Washington Post, Feb. 4, 2023–Teylor TelfordThe return-to-office figures are unlikely to go much higher as flexible work becomes entrenched in the lives of white-collar workers, experts say.https://www.washingtonpost.com/business/2023/02/04/return-to-office-occupancy-status/
How the Recent Fed Rate Hike Will Affect CRE Financing
GlobeSt.com, Feb. 3, 2023–Erik ShermanYes, things can get worse, but there are still sources and opportunities, depending on the deal.https://www.globest.com/2023/02/03/how-the-recent-fed-rate-hike-will-affect-cre-financing/?
He Turned Wall Street Offices Into Homes. Now He Vows to Remake New York
Bloomberg, Feb. 8, 2023–Natalie Wong (subscription)New York is joining a global push for office-to-home conversion to alleviate housing shortages and revitalize downtowns with vacant commercial real estate. Developer Nathan Berman …
He Turned Wall Street Offices Into Homes. Now He Vows to Remake New York
Bloomberg, Feb. 8, 2023–Natalie Wong (subscription)New York is joining a global push for office-to-home conversion to alleviate housing shortages and revitalize downtowns with vacant commercial real estate. Developer Nathan Berman …
Publicly-Traded REITs Enjoy a Fast Start to What They Hope Will Be a Bounce Back Year
Wealth Management Real Estate, Feb. 7, 2023–David BodamerAfter suffering a rough 2022, with total returns on the FTSE All Equity Real Estate Investment Trust Index down nearly 25 percent, publicly-traded …