Spectrum News, June 10, 2021–Nick ReismanDistressed properties such as old hotels and vacant offices would be converted into affordable housing under a measure approved Wednesday by New York State lawmakers. …
Category: Top National News
Regulators Back Reduced Cap Levels
Commercial Mortgage Alert, June 4, 2021“This has been years in the making, and in the end, they decided it was an important project to get done for year-end reporting and …
Creative Capital: Nonbank CRE Lending Growth Progresses
Wealth Management Real Estate, Jun 7, 2021–Andrew FosterAlternative lenders provide opportunities for various public and private investors to invest in commercial real estate debt.https://www.wealthmanagement.com/investment-strategies/creative-capital-nonbank-cre-lending-growth-progresses
What The CEO of the World’s Largest Real Estate Firm Says About the Industry’s Future
D Magazine (Dallas), June 2, 2021–Maria LawsonBob Sulentic began his career as an industrial leasing agent in 1984 with Trammell Crow Co. Now at the helm of the largest commercial …
In Spite of Reduced Lending Caps for 2021, GSE Debt Remains Plentiful
Wealth Management Real Estate magazine, June 01, 2021–Jenn ElliotWith pandemic-related restrictions being rolled back, the GSEs remain very active in multifamily lending, especially on affordable housing.https://www.wealthmanagement.com/multifamily/spite-reduced-lending-caps-2021-gse-debt-remains-plentiful?
Goldman Sachs Backs Single-Family Rental Fund for Small Investors
Wall Street Journal, June 2, 2021–Konrad PutzierA startup that wants to open up the single-family home rental market to small investors is ramping up its home purchases, after winning the …
How to Convert Shuttered Hotels and Offices Into Housing
New York Daily News, June 1, 2021–Babak GhafarzadeThe shortage of affordable housing is in contrast to a glut of vacant commercial space. Seemingly overnight last March, the city’s normally bustling …
California Eyes Shuttered Shopping Malls, Big Box Retail Stores for New Affordable Housing
Associated Press, May 31, 2021California state lawmakers are grappling with a particularly 21st-century problem: What to do with the growing number of shopping malls and big box retail stores left …
The End Of The Pandemic Is In Sight. What Does That Mean For Colorado’s Housing Crisis?
Colorado Public Radio, May 25, 2021–Hayley SanchezColorado’s housing market was hot before COVID-19. Although the pandemic brought ups and downs for renters and landlords, and people hoping to buy had …
A Flood of Federal Rental Aid Has Been Slow to Reach Those Who Most Need It
Washington Post, May 24, 2021–Greg JaffeCongress approved about $5 billion in rental and utility assistance in the spring 2020. More recently, Congress added another $46.5 billion in rental assistance–a sum …