New York magazine, May 24, 2021–John SuricoFour New York hoteliers weigh in on how the pandemic affected their industry.https://www.curbed.com/2021/05/new-york-hoteliers-on-the-future-of-the-hotel-industry.html
Category: Top National News
Seeking a Competitive Edge, CRE Investors Embrace Non-Traditional Data Sources
Wealth Management Real Estate, May 21, 2021–Jenn ElliotData such as foot traffic patterns, cellular movement and online reviews can help investors make more accurate underwriting projections.https://www.wealthmanagement.com/investment-strategies/seeking-competitive-edge-cre-investors-embrace-non-traditional-data-sources?
Big Groups Wary of Tax Hit on Small Players
Commercial Mortgage Alert, May 21, 2021–Steve Chambers“Bill Killmer, a senior vice president for legislative and political affairs at the Mortgage Bankers Association, said he was “encouraged” by some 200 virtual …
Blackstone REIT Plans to Appoint Katie Keenan as CEO
Wall Street Journal, May 19, 2021–Peter Grant (subscription)Large commercial real estate lender Blackstone Mortgage Trust is expected to appoint Katie Keenan Chief Executive Wednesday, partly crediting the role she played …
For Landlords, No Rent Means Economic Worries Of Their Own
Colorado Public Radio, May 18, 2021–Taylor AllenIn March, Colorado Gov. Jared Polis signed an executive order asking landlords and property owners to not evict people. In April he banned evictions …
Quantum Shift Looms for Office
Commercial Property Executive, May 17, 2021–Paul FiorillaThe typical question about a recovery is how long it will take for a property sector to return to its previous status. In the …
The CRE Industry is Battling Back Against Proposed Tax Reforms
Wealth Management Real Estate, May 17, 2021–Beth Mattson-TeigCommercial real estate stakeholders are digging in to battle proposed tax reforms that could deal a devastating blow to the investment marketplace.https://www.wealthmanagement.com/investment-strategies/cre-industry-battling-back-against-proposed-tax-reforms?
Honoring Female Consultants/Advisors in Commercial Real Estate
GlobeSt.com, May 14, 2021–Natalie DolceGlobeSt.com and GlobeSt. Real Estate Forum announced the top picks for 2021 Woman of Influence professionals in the commercial real estate consultant/advisor category.https://www.globest.com/2021/05/14/honoring-female-consultantsadvisors-in-commercial-real-estate/?
Why More Investors Are Seeking Office Buildings in Secondary Markets
Wealth Management Real Estate, May 13, 2021–Patricia KirkInvestors seeking higher yields on office acquisitions than core markets could provide have been realigning their investment strategies to target smaller markets over …
Groups Decry Limits on Rent Relief
Commercial Mortgage Alert, May 7, 2021–Steve ChambersMichael Flood, who leads commercial real estate policy for the Mortgage Bankers Association, said other federal assistance “has been extremely effective in keeping people …