Bloomberg, May 21, 2020–Joe Light, Prashant Gopal With the economy shut down, unemployment soaring and no clear end in sight, policymakers have been leaning on two mortgage companies the government …
Category: Top National News
Behind Bond Market’s Stall, Investors See Hard Times Ahead
Wall Street Journal, May 20, 2020–Sam Goldfarb (subscription) Yields on U.S. government bonds have stalled near record lows, a sign that investors are anticipating a difficult economic recovery and years …
Distressed Real Estate Market Beckons Opportunistic Buyers
New York Times, May 26, 2020–Joe Gose Investment firms are sitting on “a staggering amount of dry powder” as they wait for big property discounts brought on by the pandemic. …
Real Estate Investors Trying to Figure Out the Long-Term Impact From the Pandemic
Richmond Times-Dispatch, May 24, 2020–Andrew Little Regardless of property type CRE investors are of one mind when it comes to getting the economy revved up again–and for some it is …
Real Estate Investors Trying to Figure Out the Long-Term Impact From the Pandemic
Richmond Times-Dispatch, May 24, 2020–Andrew Little Regardless of property type CRE investors are of one mind when it comes to getting the economy revved up again–and for some it is …
Landlords Fume as Starbucks, Other Chains Seek Extended Rent Cuts
Wall Street Journal, May 19, 2020–Esther Fung, Heather Haddon (subscription)National restaurant chains and other stable businesses are prodding their landlords for rent relief as the economic picture sours, setting the …
Neiman Marcus, the Retailer to the Rich, Files For Bankruptcy
Wall Street Journal, May 7, 2020–Suzanne Kapner, Soma Biswas (subscription) A Texas oil boom turned a single Neiman Marcus department store in downtown Dallas into one of America’s biggest luxury …
Demand for Commercial Real Estate is Changing
Bloomberg, May 7, 2020–Denise Pellegrini Cushman & Wakefield CEO Brett White says the work from home revolution is on, but companies in most industries will still want to have employees …
Q1 Commercial/Multifamily Borrowing Declines Two Percent
National Mortgage Professional, May 7, 2020 Commercial and multifamily mortgage loan originations decreased 2.0% in the first quarter compared to the same period last year, according to the Mortgage Bankers …
WeWork’s Woes Cause Mortgage-Backed Bonds to Tumble
Financial Times, May 10, 2020–Joe Rennison, Eric Platt WeWork’s move to skip rent payments and renegotiate hundreds of its leases is rippling into the commercial mortgage market, sending the price …