Category: Top National News

CNBC, Sept. 18, 2019–Diana OlickDemand for commercial real estate design services plummeted into negative territory in August, after already soft scores in July.

HousingWire, Sept. 17, 2019–Kelsey RamírezLife insurance companies are set to create a surge in multifamily lending in 2020, according to a new study from the Mortgage Bankers Association.

HousingWire, Aug. 16, 2019–Alcynna LloydAmerica’s rental prices continued to grow in August, as RentCafé indicates the nation’s average rent increased $47 from the previous year.

Commercial Observer, Sept. 16, 2019Meridian Capital reported 11 percent of CRE owners surveyed said they have used opportunity zone tax incentives as part of their financing stack during the last two years.

RE Journals, Sept. 13, 2019–Michael ZaranskyMoving to a future where people don’t own cars may be hard to imagine, but many experts believe a transportation revolution is coming and real estate may be the industry most affected by these advances.

Wall Street Journal, Sept. 10, 2019–Keiko Morris (subscription)Amazon agreed to take space in a first-of-its-kind three-story warehouse, a new type of distribution center that could reduce delivery times in congested cities to hours rather than days. While common in densely populated Asian and European cities, modern warehouses with multiple floors have been absent until recently in the U.S., where higher land and construction costs deterred developers.

National Mortgage News, Sept. 10, 2019–Bonnie Sinnock (subscription)Lower interest rates are expected to drive financing secured by income-producing properties to new heights by year-end, according to the Mortgage Bankers Association.

Wall Street Journal, Sept. 10, 2019–Esther Fung (subscription)A nearly decade-long rally for the hotel business is showing signs of petering out. Hotel owners in large cities say they are getting squeezed by weaker business-traveler demand, higher labor costs and a crush of new hotel projects that is weighing on room rates.

Urban Land magazine, Sept. 9, 2019–Kirk Sikes, Evan Mitchell, Sommer HeymanIn commercial real estate, we are rewarded for staying ahead of the curve and identifying opportunities that others miss. If we refuse to acknowledge the competitive advantage that diversity offers in our pursuit of returns, we are willingly accepting lower yields and additional risk.

Forbes, Sept. 5, 2019–Blake JanoverAlthough apartment loans are available for many, due to lack of product education, there simply isn’t enough adoption in secondary and tertiary markets as folks continue to rely on local banking relationships as their primary source of senior debt for multifamily financing.