Wall Street Journal, Sept. 24, 2019–Konrad Putzier, Will Parker (subscription)Property owners have long worried that short-term rentals bring noise, crime and regulatory risks to their buildings. But some real-estate firms are starting to embrace the presence of itinerant guests.
Category: Top National News
Expert: Growing Multifamily Sector Could Demand New Debt Sources
HousingWire, Sept. 20, 2019–Kelsey RamírezAs multifamily continues to grow, Freddie Mac Executive Vice President Deborah Jenkins said new debt sources could soon be required to match the demand.
Commercial Delinquencies Should Remain Low Despite Economic Worry: MBA
National Mortgage News, Sept. 24, 2019–Brad Finkelstein (subscription)Commercial and multifamily mortgage delinquency rates should stay at historically low levels in the near future even as economic uncertainty over trade affects U.S. businesses, according to the Mortgage Bankers Association.
Future Housing Trends Toward ‘Hipsturbia’
Commercial Property Executive, Sept. 25, 2019–Paul FiorillaWill Millennials remain in cities that cater to their lifestyle preferences, or will they settle down and move to the suburbs? ULI’s answer is “yes.”
This Key Construction Indicator Just Tanked
CNBC, Sept. 18, 2019–Diana OlickDemand for commercial real estate design services plummeted into negative territory in August, after already soft scores in July.
Life Insurance Companies to Fuel Multifamily Surge in 2020
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.
Average U.S. Rent Climbs to $1,472 in August
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.
Opportunity Zones Catch the Eye of CRE Investors
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.
Autonomous Cars on a Crash Course with the Real Estate Industry
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.
Amazon’s New Multistory Warehouse Aims to Cut Delivery Times
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.
