Wealth Management Real Estate, July 26, 2021–Patricia KirkWhat real estate brokerage and investment firms have been doing recently to increase diversity among their ranks?https://www.wealthmanagement.com/investment-strategies/cre-industry-progressing-diversity-and-inclusion-efforts?
Category: Top National News
Wall Street CEOs Say Working From Home Isn’t Working
Wall Street Journal podcast, July 21, 2021–Ryan Knutson (No subscription required)Major banks performed well while employees worked remotely. But executives at some banks are bringing their workers back to the …
Senate Democrat Looks to Trim a Tasty CRE Tax Cut
GlobeSt.com, July 21, 2021–Erik ShermanSenate Democrats on the Finance Committee are trying to pare back a 2017 Tax Cuts and Jobs Act provision that was a CRE perk. However, ironically, …
Private Equity Firms Keep Eating U.S. Life Insurers
ThinkAdvisor, July 21, 2021–Allison BellVery hungry financial caterpillars–private equity firms–continued to gobble up U.S. life insurance company investment assets in 2020. It’s still unclear to insurance regulators exactly what this …
WeWork Prepares For A Second Act — Banking Its Future On The Rise Of Remote Work
NPR, July 20, 2021–Bobby AllynWeWork is in the midst of a second act. After ditching former CEO Adam Neumann, the company hired a seasoned real estate executive as CEO and …
SFR Investors Continue to Hunt Build-to-Rent Opportunities
Wealth Management Real Estate, July 19, 2021–Jenn ElliotFacing heavy competition and lower yields on acquisitions of existing single-family rentals, investors are betting on building new communities from the ground up.https://www.wealthmanagement.com/multifamily/sfr-investors-continue-hunt-build-rent-opportunities?
The Latest 21st-Century Lodging Trend? Rehabbed 1950s Motels
Washington Post, July 19, 2021–Necee RegisWho says roadside pit stops have to be boring? This summer, road-trippers looking for stylish accommodations that won’t break the bank are discovering a new …
Economic Pressures Are Rising On Mom And Pop Rental Owners
NPR, July 7, 2021–Chris NicholsSmall landlords say eviction moratoriums make it harder for them to stay in business. There’s concern they will sell to corporations that may not provide similar …
Short Of Workers, Employers Are Getting Creative To Entice People Into Construction
NPR, July 9, 2021– Darian Woods and Stacey Vanek Smith 4:22 PM ETDemand for housing has increased dramatically this year amidst a labor shortage in the construction industry. So employers …
Lenders Work With Apartment Owners As Moratoriums Stretch On
GlobeSt.com., July 07, 2021–Les ShaverThe state and federal eviction moratoriums kept untold millions of people off the streets as the US economy struggled during the pandemic-led downturn. Many landlords were …