Wall Street Journal, March 15, 2023–Konrad Putzier, Peter Grant (subscription)A rush by New York City real estate investors to yank money out of Signature Bank last week played a significant …
Category: Top National News
Whole Foods, Other Grocery Stores Are Hot Property
Wall Street Journal, March 13, 2023–Kate King (subscription)Grocery stores have proved relatively resilient to both interest rates and inflation. Foot traffic at mid- and low-tier grocers in January topped 2019 …
CityLab Daily: What the SVB Collapse Means for Affordable Housing
Bloomberg, March 14, 2023–Sri Taylor (subscription)When Silicon Valley Bank shut down on Friday, it sent politicians and executives scrambling to contain shockwaves through California’s broader economy. The collapse caused massive …
Fed’s Magical Accounting Might Save Banks but Doom Rate Increases
Wall Street Journal, Mar. 13, 2023–James Mackintosh (subscription)Here we go again. Just two days before the 15th anniversary of the Federal Reserve-backed rescue of Bear Stearns, the central bank is …
Cracks Emerging in U.S. Office Sector: Loan Defaults Fuel Concern of More Pain Ahead
UrbanLand, Mar. 13, 2023–Beth Mattson-TeigAccording to the Mortgage Bankers Association, office is the second largest category behind multifamily with roughly $750 billion in mortgages held by both bank and non-bank …
Three Million U.S. Households Making Over $150,000 Are Still Renting
Wall Street Journal, Mar. 13, 2023–Will Parker (subscription)Lee Robbins, a 36-year-old accountant, left Indiana for central Florida five years ago in search of sun and a six-figure job. He found …
REIT Performance Stays Solid with 10% Y-O-Y Rise in FFO
Connect CRE, March 13, 2023–Paul BubnyREITs’ operations remained solid in the fourth quarter of 2022 with year-over-year increases in funds from operations (FFO) and NOI as they continue to navigate …
The Baby Boomer Revolutionization of Senior Living
Commercial Property Executive, March 9, 2023–Suzann D. SilvermanAccustomed to an active and independent lifestyle, the 70-million-strong, outspoken Baby Boomer generation is not willing to bend as they consider aging into …
Female Leadership in CRE: Where We Were and Where We’re Going
Commercial Property Executive, March 9, 2023–Jessica FiurWomen have made great strides. But the commercial real estate industry still has a ways to go.https://www.commercialsearch.com/news/female-leadership-in-cre-where-we-were-and-where-were-going/
Have Interest Rate Hikes, Downturn Fears Put a Dent in Foreign Investors’ Love for U.S. Real Estate?
Wealth Management Real Estate, March 10, 2023–Elaine MisonzhnikIn spite of the disruption the U.S. commercial real estate market has faced over the past several years, cross-border investors continued to view …