CNBC, May 5, 2021–Annie NovaA federal judge on Wednesday struck down the national eviction moratorium, potentially leaving millions of Americans at risk of losing their homes. Housing advocates have said …
Category: Top National News
How Credit Unions Are Boosting CRE’s Capital Supply: Q&A
Commercial Property Executive, May 5, 2021–Timea-Erika PappCharles Krawitz, Vice President of Commercial Lending and Loan Trading with Alliant Credit Union, discussed credit unions’ role in CRE lending. While last year …
Flush With Capital, Real Estate SPACs Scramble to Find Buying Opportunities
Wealth Management Real Estate, May 03, 2021–Beth Mattson-TeigAn outpouring of capital into the special purpose acquisition company or SPAC space is stirring speculation about a potential tidal wave forming.https://www.wealthmanagement.com/investment-strategies/flush-capital-real-estate-spacs-scramble-find-buying-opportunities?
The Radical Way Cities Are Tackling Affordable Housing
Fast Company magazine, April 28, 2021–Nate BergCities across the country are buying up apartment buildings as a way to increase affordable housing stock and take more control of the market.https://www.fastcompany.com/90618596/the-radical-way-cities-are-tackling-affordable-housing
Sarah Jones-Maturo: Welcome to the Trenches – Women in CRE Brokerage
Westchester and Fairfield County Business Journal, April 15, 2021–Sarah Jones-MaturoFall 2004. My first week as a commercial real estate broker. “Welcome to the trenches,” a senior broker loudly shouted as …
New Commercial Real Estate Trend Accelerated by COVID
Fox Business, April 14, 2021–Caroline JoyceThe COVID-19 pandemic is accelerating the new trend of turning commercial real estate graveyards into housing.https://www.foxbusiness.com/real-estate/new-commercial-real-estate-trend-accelerated-by-covid
Biden’s $1.5 Trillion Budget Calls for Big Investment in HUD
HousingWire, Apr. 12, 2021–Georgia KromreiPresident Joe Biden’s $1.5 trillion discretionary funding request includes a 15% budget increase for HUD to combat homelessness, retrofit rental housing and increase the supply of …
Experts: Arizona Rents Will Continue Rising at Record Pace
Your Valley, April 12, 2021–Matt RoyWhile commercial real estate developers continue to build new apartments in the Phoenix area, market forces including strong population and job growth will continue to …
The American City Isn’t Dead Yet
Mortgage Professional America, Apr. 9, 2021–David KitaiA new report on rental migration in Q1 of 2021 from rental search platform Apartment List points to an interesting development around America’s urban …
Powell Sees Economy at Inflection Point
Wall Street Journal, Apr. 11, 2021–Paul Kiernan (subscription)Federal Reserve Chairman Jerome Powell said the U.S. economy appears to be at an inflection point, with output and job growth poised to …