Business Insider, Jan 5, 2023–Eugene Kim (subscription)Amazon saved up to $4 billion in 2022 by canceling or delaying warehouse openings. The company scaled back warehouse expansion last year in the …
Category: Top National News
President Biden: Reform LIHTC And Housing Voucher Programs
Forbes magazine, Jan. 12, 2023–Roger ValdezToward the end of December last year, The Hill published an opinion post about what President Biden could do about rents and housing costs. Unfortunately, …
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 …
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 …
How Far Will Apartment Rents Fall This Year?
GlobeSt.com, Jan. 13, 2023–Paul BergeronWith apartment rents clearly decelerating now, the market is waiting to see where the bottom could be.https://www.globest.com/2023/01/13/how-far-will-apartment-rents-fall-this-year/?
Industry Groups Prepare For Bumpy Ride Amid a Divided Congress
Commercial Mortgage Alert, Jan. 6, 2023 (subscription)Facing a potential recession and a divided Congress, industry groups are preparing to do yeoman’s work in Washington over the next six months. Michael …
Agency Lending Seen Holding Steady
Commercial Mortgage Alert, Jan. 6, 2023 (subscription)Fannie Mae and Freddie Mac are poised to play an outsize role in the multifamily lending market this year as banks hunker down and …
MBA Projects 5% Decline in Commercial Mortgage Volume for 2023
ConnectCRE, Jan. 5, 2023–Paul BubnyTotal commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, off 5% from 2022’s expected total of $740 billion, …
What to Expect From the CRE Finance Markets This Year
GlobeSt.com, Jan. 5, 2023–Lynn PollackDistressed office loans will likely “pile up” into 2023, according to experts from Trepp, who predict there will be billions in unresolved office loans by year-end.https://www.globest.com/2023/01/05/what-to-expect-from-the-cre-finance-markets-this-year/?
It’s Not Yet A Run, But Nervous Investors Are Beginning To Pull Money Out Of Commercial Real Estate
Benzinga, Dec. 31, 2022–Mark GilmanWhile specific segments of the commercial real estate market such as industrial and healthcare are performing well, others like office and retail are alarming investors.https://finance.yahoo.com/news/not-yet-run-nervous-investors-152448819.html