Wealth Management Real Estate, Nov. 17, 2021–Patricia KirkOffice loan portfolios held by non-bank lenders have been posting steady performance, helped by long leases, high quality assets and some workouts.https://www.wealthmanagement.com/investment-strategies/loans-backed-office-buildings-were-supposed-be-battered-prediction-proved?
Category: Top National News
Renters Who Abandoned Their City Apartments During Covid Are Coming Home to a Crazy Leasing Market
Wall Street Journal, Nov. 11, 2021–Candace Taylor (subscription)Rents have skyrocketed in metropolitan areas that were hard hit by the pandemic exodus as people return to city lifehttps://www.wsj.com/articles/renters-who-abandoned-their-city-apartments-during-covid-are-coming-home-to-a-crazy-leasing-market-11636650049?
What They Say, What They Do: Maybe U.S. Consumers Aren’t So Dour
Chief Investment Officer magazine, Oct. 28, 2021–Larry LightWhile pollsters say their mood is sour, people still are spending more than before, JLL Chief Economist Ryan Severino says.https://www.ai-cio.com/news/what-they-say-what-they-do-maybe-us-consumers-arent-so-dour/
St. Paul Voters to Decide on Sweeping Rent Control
Wall Street Journal, Oct. 30, 2021–Will Parker (subscription)Minnesota’s capital city is considering imposing a 3% limit on annual increases as rents soar across the country.https://www.wsj.com/articles/st-paul-voters-to-decide-on-sweeping-rent-control-11635593401?
Big Retailers Becoming Big Property Owners With Warehouse Deals
Wall Street Journal, Oct. 28, 2021–Mark Maurer (subscription)Retail giants like Amazon.com Inc. and Costco Wholesale Corp. think they have found a way to boost their e-commerce operations and save money: …
New York Landlords Seek to Suspend Extension of Eviction Freeze
Bloomberg, Oct. 19, 2021New York landlords sued to block a law extending the state’s moratorium on evictions and foreclosures, warning of “devastating consequences” to small property owners if it’s allowed …
Amazon to Allow Employees to Work Remotely Indefinitely
Washington Post, Oct. 12, 2021Amazon said Monday it will allow many tech and corporate workers to continue working remotely indefinitely, as long as they can commute to the office when …
London Office Space Goes Green, Helping Developers Get in the Black
Wall Street Journal, Oct. 12, 2021–Ruth Bloomfield (subscription)Londoners are returning to the office again, and a new wave of green buildings is enabling landlords to charge their tenants a rent …
London Office Space Goes Green, Helping Developers Get in the Black
Wall Street Journal, Oct. 12, 2021–Ruth Bloomfield (subscription)Londoners are returning to the office again, and a new wave of green buildings is enabling landlords to charge their tenants a rent …
Optimism Grows for 1030’s Survival
Commercial Mortgage Alert, Oct. 1, 2021–Steve Chambers “…Bill Killmer, a senior vice president for legislative and political affairs at the MBA, agreed that as long as lawmakers continue to work …