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 …
Category: Top National News
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. …
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 …