Axios, Feb. 3, 2025-Andrew FreedmanA novel new report combining several strands of research finds that human-driven climate change could result in $1.47 trillion in net property value losses from rising …
Category: Top National News
MBA Seeks Clarification on OMB Directive
Mortgage Professional America, Jan. 30, 2025-Jonalyn CuetoThe Mortgage Bankers Association is calling on federal agencies to clarify whether a recent Office of Management and Budget (OMB) directive applies to single-family …
MBA’s Bob Broeksmit on Housing Policy Priorities in a New Administration
HousingWire podcast, Jan. 30, 2025–Sarah WheelerHousingWire Editor in Chief Sarah Wheeler interviewed Bob Broeksmit, CMB, president and CEO of the Mortgage Bankers Association, about the trade group’s priorities under the …
Office Investment Increases for First Time Since 2021
Globe St., Jan. 29, 2025-Kristen SmithbergInvestors are keeping a close eye on the US office sector after half a decade of turmoil, looking for deals on premium properties they can …
‘We Have to Figure This Out’: Rising Flood Risks Delivers Double Blow to Communities With Housing Shortages
Politico, Jan. 29, 2025-Jordan Wolman, Catherine Allen and Jessie BlaeserA little-noticed flood last summer in an Illinois city that left one dead and swallowed up homes and businesses after heavy …
NCREIF Indices End 2024 in Positive Territory
CRE Connect, Feb. 4, 2025-Paul BubnyThe National Council of Real Estate Investment Fiduciaries said fourth-quarter results for the NCREIF Fund Index–Open-end Diversified Core Equity posted a total return of 1.16%, …
Elon Musk’s DOGE Says It Has Terminated 22 Federal Leases
Bisnow.com, Feb. 3, 2025-Emily WishingradThe Trump administration is swiftly executing new space reductions by the day. The administration has canceled 22 leases, equating to $44.6M in cost savings for the …
Amazon, King of Online Retail, Can’t Seem to Make Its Physical Stores Work
Wall Street Journal, Feb. 4, 2025-Kate KingThe e-commerce giant is closing more of its convenience stores; ‘I don’t think they really understand retail,’ a consultant said.Click here for more (subscription)
Banking Committee Advances Trump’s HUD Pick, Scott Turner, for Senate Confirmation
HousingWire, January 23, 2025-Chris ClowTurner’s nomination to lead HUD under Trump administration advanced out of committee along party lines, with the MBA pushing for a quick confirmationClick here for more
Giant Commercial-Property Firm Goes All In on Co-Working With New Deal
Wall Street Journal, Jan. 14, 2025-Peter GrantCBRE Group is taking control of the co-working firm Industrious, a sign of the property market’s renewed interest in shared workspace as more employees …