Mortgage Professional America, Mar. 29, 2021–Candyd MendozaThe firm announced Friday that it has entered an agreement to sell all the assets of its CRE business to Slate Asset Management, a …
Category: Top National News
The Environmental Implications of the Return to the Office
Bloomberg, Mar. 29, 2021–Sarah HolderTelecommuting can save energy and reduce emissions — unless it doesn’t. A new tool can help companies measure workplace carbon emissions, and figure out if going …
JPMorgan, Salesforce Join Growing List of Firms Dumping Office Space
Wall Street Journal, Mar. 30, 2021–Konrat Putzier (subscription)JPMorgan Chase & Co., Salesforce . com Inc. and PricewaterhouseCoopers are among the major firms looking to unload big blocks of office space, …
As CDC Extends Eviction Ban, Servicers Face Range of Outcomes
National Mortgage News, Mar. 29, 2021–Bonnie Sinnock (subscription)“The key to all of this is how fast assistance gets into renters’ hands,” said Mike Flood, senior vice president of commercial/multifamily policy …
Bipartisan Bill Would Bring $1.5 Billion to Spur New Housing
Bloomberg, Mar. 24, 2021–Kriston CappsOn March 23, Minnesota Senator Amy Klobuchar, with fellow Democratic Senator Tim Kaine of Virginia and Republican Senator Rob Portman of Ohio, will introduce the Housing …
A Commercial Real Estate Investor Pivots to Digital-Related Assets
Wall Street Journal, March 24, 2021–Inti Pacheco (subscription)Colony Capital Inc. has made one of the biggest pivots in the real-estate business. Over the past two years, the former investor in …
Our Urban Affordability Crisis is Going Nationwide
Mortgage Professional America, Mar. 25, 2021–David KitaiThe urban affordability crisis that defined much of the last decade looks like it’s expanding nationwide. A new study from the Mortgage Bankers Association …
U.S. Rent Has Increased 175% Faster than Household Income over Past 20 Years
Phys.org, Mar. 26, 2021–Suzanne BuzekBright lights, big city. “And lack of affordable rental housing,” says University of Cincinnati researcher Mike Eriksen in a report, “The Location of Affordable and Subsidized …
As COVID Cases Drop, What Could a Return to the Office Look Like?
Mortgage Professional America, Mar. 26, 2021–David KitaiWhile we’re hoping for a return to normal, so much has changed in terms of the way the mortgage industry now operates that when …
Real Estate Makes Last-Minute Push to Kill Proposed Preferred Equity Tax
The Real Deal, March 25, 2021–Erin HudsonReal estate players are using a letter-writing campaign and threats of lawsuits to try to stop a tax on preferred equity investors from advancing …