Wall Street Journal, Oct. 13, 2020–Peter Grant (subscription)Apartment rents are rising in suburban markets across the U.S. as city dwellers look for bigger spaces in smaller towns. New suburban tenants …
Category: Top National News
U.S. Life Insurers May Face Spike in Mortgage Loan Losses: Fitch
ThinkAdvisor, Oct. 12, 2020–Les ShaverFitch Ratings expects life insurers to see 50% more losses on mortgage loans than what they saw during the Great Recession.https://www.thinkadvisor.com/2020/10/12/u-s-life-insurers-may-face-spike-in-mortgage-loan-losses-fitch/
A Longstanding Tax Break for Real Estate Investors Could be Coming to an End
MarketWatch, Oct. 12, 2020–Bill BischoffThe IRS recently issued new regulations affecting Section 1031 like-kind exchanges.and the Nov. 3 election could determine its future as well.https://www.marketwatch.com/story/a-longstanding-tax-break-for-real-estate-investors-could-be-coming-to-an-end-11602282199
Advocates Plead for Housing Aid as Eviction Cliff Looms
The Hill, Oct. 11, 2020–Sylvan LaneA potentially dire housing crisis could erupt if the Trump administration and Congress fail to reach a deal on further coronavirus relief that includes eviction …
Manhattan Apartments Haven’t Been This Cheap to Rent Since 2013
Bloomberg, Oct. 8, 2020–Oshrat CarmielApartment listings tripled from a year earlier to 15,923, the largest monthly inventory in records dating back to 2006, according to a report Thursday by appraiser …
COVID-19’s Economic Outcome: A More Active Government Role?
Commercial Property Executive, Oct. 13, 2020–Paul FiorillaYardi Matrix’s Paul Fiorilla discusses how the pandemic is shifting views about government intervention and what that means for commercial real estate.https://www.cpexecutive.com/post/covids-economic-outcome-a-more-active-government-role/
Hotels Are Taking on a New Role During the Pandemic: Polling Locations
Washington Post, Oct. 12, 2020–Shannon McMahonWith business slowed down because of the coronavirus, many hotels are transforming into socially distanced voting centers for the 2020 election.https://www.washingtonpost.com/travel/2020/10/12/hotels-vote-election-covid/
Special Servicer Activity Provides a Window into Assessing the Distressed Cycle
National Real Estate Investor, Oct. 12, 2020–Beth Mattson-TeigExperts expect a “second storm” as forbearance periods expire and borrowers are forced to act.https://www.nreionline.com/distressed/special-servicer-activity-provides-window-assessing-distressed-cycle?
Renters Flock to Suburbia, Upending Decadelong Urbanization Trend
Wall Street Journal, Oct. 13, 2020–Peter Grant (subscription)Apartment rents are rising in suburban markets across the U.S. as city dwellers look for bigger spaces in smaller towns. New suburban tenants …
What Will Happen To Commercial Real Estate As More People Work From Home?
NPR, Oct. 9, 2020–Cardiff Garcia, Stacey Vanek SmithThe coronavirus pandemic forced many people to work from home. NPR looks into what remote work from home could mean for commercial real …