GlobeSt.com, Sept. 17, 2020–Rayna Katz New data tracked a significant decline in households paying rent, which comes on the heels of other research highlighting distress in the multifamily segment. https://www.globest.com/2020/09/17/apartment-rent-collections-continue-to-decline/?
Category: Top National News
The Flip Side of Trump’s Eviction Ban: Landlords Face Big Crunch
Politico, Sept. 11, 2020–Katy O’Donnell The White House’s move to ban evictions across the country during the coronavirus crisis is having an unintended side effect: It’s threatening the livelihood of …
Value-Add Strategies That Could Work for Distressed Assets
GlobeSt.com, Sept. 10, 2020–Les ShaverWhile many lenders have soured on the retail and hospitality space, Mark Fogel isn’t among that group. Fogel, the CEO of ACRES Capital and the President …
Marriott to Lay Off 17% of Corporate Staff Next Month
Washington Post, Sept. 10, 2020–Dee-Ann DurbinMarriott International plans to lay off 17% of its corporate workforce next month as the coronavirus continues to take a heavy toll on the hotel …
CMBS Delinquency Rate Down in August, But Ominous Conditions Remain
Asset Securitization Report, Sept. 10, 2020–Brad FinkelsteinFor the first time since the pandemic began, delinquencies among loans included in commercial mortgage-backed securities declined on a month-to-month basis, according to Fitch …
Real Estate Trusts Lag Behind in Race Diversity as Legacy Rules
Bloomberg, Sept. 11, 2020–Yueqi YangPublic real-estate investment companies lag behind members of the broader S&P 500 Index in board-level racial diversity, remaining one of the industries most difficult for African …
Eviction Filings by Big Landlords Surged After Trump Issued Ban
Bloomberg, Sept. 14, 2020–Patrick Clark, Prashant Gopal Big landlords increased the number of eviction cases they filed after President Donald Trump announced his recent moratorium, signaling the struggle tenants face …
New Data Shows Decreasing Confidence in Commercial Real Estate Market
Mortgage Professional America, Sept. 14, 2020–Clay Jarvis In yet another example of COVID-19’s lingering impact on commercial real estate, LightBox’s most recent Market Confidence Index for the commercial sector found …
JLL Launches LaSalle Real Estate Scholarship for Minorities
GlobeSt.com–Kelsi Maree Borland Sept. 16, 2020In an effort to further diversity in the commercial real estate industry, JLL has launched the LaSalle Real Estate Scholarship, focused on providing college tuition …
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