Wall Street Journal, June 3, 2022–Liz YoungCompanies on the front lines of supply chains pulled back hiring in May amid signs that the boom in e-commerce demand is waning and …
Category: Top National News
Manhattan Storefronts See ‘Growing Demand’ From Different Retailers, Flagships
Yahoo News, June 1, 2022–Shoshy CimentNew York City’s commercial retail estate landscape might finally be coming back to life. According to a spring report from the Real Estate Board of …
Lease Renewals Hit All-Time High
Multi-Housing News, May 26, 2022–Lew SichelmanDespite increased rates, renters are not feeling the push to leave their current apartments for something less expensive, says columnist Lew Sichelman.https://www.multihousingnews.com/lease-renewals-hit-all-time-high/
Sentiment Remains Strong for the SFR Sector
Wealth Management Real Estate, May 31, 2022–David BodamerBulwarked by strong demand from renters, rising rents and some constraints on existing supply, single-family rentals in recent years rapidly emerged to become …
CRE Lending Flourishes Despite Headwinds
GlobeSt.com, May 17, 2022–Paul BergeronDespite rising inflation and heightened geopolitical risks, Q1 commercial real estate lending activity edged higher, led by alternative lenders, according to the latest research from CBRE.https://www.globest.com/2022/05/17/cre-lending-flourishes-despite-headwinds/?
Home Depot Executive Adolfo Villagomez to Be New CEO of Progress Residential
Wall Street Journal, May 17, 2022–Will Parker (subscription)Progress Residential, the single-family rental arm of private-equity shop Pretium Partners, appointed Home Depot executive Adolfo Villagomez to be its new chief executive, …
Boeing Names NoVa Location as Global Headquarters, Establishes R&D Hub
ConnectCRE, May 9, 2022–Lisa McDuffieBoeing announced that its Arlington, Va., campus will serve as the company’s global headquarters. In addition to designating NoVA as its new headquarters, Boeing plans to …
CRE Can Withstand A Higher Rate Environment. Here’s Why
GlobeSt.com, May 6, 2022–Lynn PollackFed Chairman Jerome Powell has apparently ruled out more aggressive rate hikes in the future following a 50 basis point increase Wednesday, saying at a press …
Brookfield Acquires Hotel REIT Watermark Lodging Trust for $3.8B
ConnectCRE, May 6, 2022–Ted JacksonChicago-based Watermark Lodging Trust entered into a definitive agreement with private real estate funds managed by Brookfield, under which Brookfield will acquire all of the outstanding …
The Industrial Sector’s Scorching Run Continues
Wealth Management Real Estate, May 4, 2022–David BodamerResearch shows high levels of bullishness for industrial real estate, although capital markets have begun to tighten.https://www.wealthmanagement.com/industrial-market-study/industrial-sector-s-scorching-run-continues?