National Real Estate Investor, June 1, 2020–Elaine MisonzhnikWhile there are still a lot of unknowns about how the pandemic will play out, we talked to seven commercial real estate economists …
Category: Top National News
Eastern Union Settles With Brokers Who Bolted Over Commissions
The Real Deal, May 27, 2020–Rich BockmannThe company, which had accused agents of stealing trade secrets, announced it’s now on hiring spreehttps://therealdeal.com/2020/05/27/eastern-union-settles-suit-with-brokers-who-bolted-over-commissions/
Make Your Voice Heard through MBA Mortgage Action Alliance
The Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.http://www.mortgagebankers.org/Advocacy/MortgageActionAlliance
Rental-Apartment Operator Greystar Bulks Up
Wall Street Journal, June 2, 2020–Peter Grant (subscription) Greystar Real Estate Partners LLC, Charleston, S.C., said it is acquiring a business that manages nearly 130,000 housing units, a deal that …
Goldman Sachs to Juice Cash-Strapped RE Owners With $3B Fund
The Real Deal, May 21, 2020–Keith Larsen Big money from Goldman Sachs, Brookfield Asset Management and others will be deployed into cash-deprived real estate funds that have been hit by …
The Mall of America Hasn’t Paid Its Mortgage in Two Months
CNBC, May 21, 2020–Lauren Thomas The biggest shopping center in the country, The Mall of America, has missed two months of payments on its $1.4 billion mortgage. It’s a sign …
A ‘Competitive Furnace’ Burns Inside Willy Walker
Bisnow, May 21, 2020–Jon Banister Today, Walker & Dunlop employs 872 people across 40 offices. The mortgage finance firm, which was the top Fannie Mae lender in the country last …
The Pandemic Makes Fannie and Freddie Even More Indispensable
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 …
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. …