Wall Street Journal, Jan. 17, 2023–Kate King (subscription)New York City’s luxury residential market faces numerous obstacles at the start of 2023, ranging from high interest rates to signs of a …
Category: Top National News
Nationwide Rent Control?
Wall Street Journal opinion page, Jan. 22, 2023–The WSJ Editorial BoardDemocrats in Congress are pressing the President to impose rent control nationwide. Fifty Democrats in Congress last week sent a …
Bright Spots for Real Estate: Lower Rates and Uptick in Mortgage Applications
Barrons, Jan. 18, 2023–Shaina Mishkin (subscription)Two sets of data released Wednesday offer some optimism for the housing market amid lower mortgage rates. (MBA mention)https://www.barrons.com/articles/real-estate-housing-mortgage-rates-mortgage-applications-51674059262
How Media and Tech Firms Cut Costs by Reducing Real Estate
Variety, Jan. 12, 2023–Heidi ChungWhether it’s because of the new remote-work culture shift or weak balance sheets, more and more media and tech companies are putting their physical office leases …
Apartment REITs Underperform Peer Group in Q4
GlobeSt.com, Jan. 12, 2023–Erik ShermanSome warning signs have begun to flash on multifamily rents. December was the fourth straight month-over-month decline, according to ApartmentList. Even in the Sun Belt — …
Why Residential Conversions Are More Commonplace
Multi-Housing News, Jan. 6, 2021–Lew SichelmanYoung adults looking for places to rent, especially in central business districts, might find just the right place in a converted office building, motel and …
Rising Interest Rates Hit Landlords Who Can’t Afford Hedging Costs
Wall Street Journal, Jan. 17, 2023–Will Parker, Konrad Putzier (subscription)Nearly half of all commercial property debt is floating rate, according to a 2019 report by the Mortgage Bankers Association. Lenders …
2023 Commercial Real Estate Finance Outlook
America‘s Commercial Real Estate Show, Jan. 16, 2023–Michael BullMBA’s Jamie Woodwell joined Michael Bull to share highlights from the newly released Mortgage Bankers Association’s CREF Outlook Survey on expectations of …
Is a Backlash Looming Against Hybrid Work Model?
Mortgage Professional America, Jan. 16, 2023–John DujayOf all of the new ways of working in the post-COVID era, the hybrid model — which mixes both on-site and remote working — …
Younger Commercial Real Estate Netizens Are Embracing Social Media to Make Deals
Commercial Observer, Jan. 17, 2023–Celia Young (subscription)Taco, real estate broker Kyle Inserra’s beloved French bulldog, helped Inserra score a 2018 restaurant sale in Irvington, N.Y., when a potential buyer and …