National Real Estate Investor, Mar 9, 2020–Bendix AndersonNew York City hotel sales had crashed to a halt even before coronavirus took a bite out of people’s travel plans and disrupted …
Category: Top National News
Coronavirus May Stall U.S. Economy, Goldman Sachs Says
HousingWire, Mar. 9, 2020–Kathleen HowleyGDP growth will slow to 0.7% in the current quarter, the worst pace since the financial crisis, and grind to a halt in the second quarter, …
Policy Remedies for Coronavirus Appear Imminent
Commercial Property Executive, Mar. 10, 2020–Paul FiorillaCoronavirus’ impact on the commercial real estate market no longer seems limited to a handful of segments, such as hotels or industrial parks.https://www.cpexecutive.com/post/policy-remedies-for-coronavirus-appear-imminent/
Is the Real Estate Industry Prepared for the Transition Away From LIBOR?
Commercial Observer, Mar. 9, 2020–Zurab Moshashvili; Leena DanielThe London Interbank Offered Rate will cease to exist beyond 2021 without a single universal rate to replace it. The potential disruption has …
Landlords Aim to Keep Offices Squeaky Clean as Coronavirus Spreads
The Real Deal, Mar. 5, 2020–Eddie SmallThe coronavirus outbreak wreaking havoc on the stock market and hotel industry is having an impact on the office market as well.https://therealdeal.com/2020/03/05/landlords-aim-to-keep-offices-squeaky-clean-as-coronavirus-spreads/
The Termination of LIBOR An Update on Implications for the Mortgage Market
Urban Institute, Mar. 5, 2020–Laurie Goodman, Edward GoldingThe authors see signs of progress, albeit less than might have been expected. They believe that many market participants will look to Fannie …
Commercial and Multifamily Delinquencies Hover Near Record Low
Mortgage Professional America, Mar. 5, 2020–Candyd MendozaCommercial and multifamily mortgage closed 2019 at or near record low delinquency rates, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.https://www.mpamag.com/news/investor-mortgage/commercial-and-multifamily-delinquencies-hover-near-record-low-215923.aspx
Coronavirus Caution Slowly Grows in the CRE Market
CRE deals are moving forward, but investors and lenders are wary of how the coronavirus may slow the global economy in the coming weeks.National Real Estate Investor, Mar. 05, 2020–Beth …
Rental Prices in Top Housing Markets Fall in March
HousingWire, Mar. 3, 2020–Alcynna LloydRental prices for one-bedroom and two-bedroom units fell in March, sliding by 0.4% and 0.3%, respectively, according to Zumper.https://www.housingwire.com/articles/rental-prices-in-top-housing-markets-fall-in-march/
Coronavirus Slams U.S. Hotel Industry’s Global Operations
Wall Street Journal, Mar. 3, 2020–Keiko Morris, Craig Karmin (subscription)The hotel industry’s decade-long run of growth and rising revenue looked vulnerable at the start of the year. Now the spread …