National Real Estate Investor, Aug. 9, 2018–Mary Diduch As the unemployment rate remains extremely low, commercial real estate companies are eager to add experienced employees–if only they can find them.
Category: Top National News
Class-A Rent is Still Growing in a Handful of U.S. Markets
HousingWire, Aug. 13, 2018–Jeremiah JensenDespite nationally slowing rent growth in Class-A multifamily product, some markets are defying the odds and posting significant Class-A rent growth.
Mega-Deals Give Cross-Border Investment Volume a Boost in First Half of 2018
National Real Estate Investor, Aug. 15, 2018–Beth Mattson-TeigForeign capital continues to pour into U.S. real estate. Transactions led by cross-border buyers jumped 27 percent during the first half of the year compared to overall investment sales that rose just 2 percent during that period, Real Capital Analytics reported.
Developers Bet Mixed-Use Sports Venues Will Create Double-Play Potential
Commercial Observer, Aug. 14, 2018–Mack BurkeQuestions concerning how much economic growth a stadium could bring to a city or an area has always been a thorny topic. If you build it, will they come?
How the Next FHFA Chief Can Reform Fannie, Freddie Without Congress’ Help
National Mortgage News, Aug. 14, 2018–Hannah Long (subscription)With Federal Housing Finance Agency Director Mel Watt’s term due to end in January, his successor – either a Senate-confirmed appointee or an interim chief – has substantial authority to set part of the path forward on GSE reform, including how far Fannie Mae and Freddie Mac expand their mission and the status of a common securitization platform shared by the two mortgage giants.
Pick Your Poison: Here Are The Best Neighborhoods for Real Estate Investing if You Want Income or If You Want Growth
MarketWatch, Aug. 2, 2018–Andrea RiquierIt’s a truism among real estate professionals that properties can strong price growth or great cash flow, but not both. In the world of houses investors buy in order to lease out, metro areas in the middle of the country will likely offer dependable rental streams but none of the runaway price appreciation seen in coastal areas like Seattle.
Freddie Mac Looks to Cap Rent Increases With New Financing Program
Wall Street Journal, Aug. 7, 2018–Laura Kusisto (subscription)The initiative acts similar to rent control-which has been gaining traction in many parts of the country-by keeping units in private hands and controlling the rate of rent increases. But it comes with less political baggage because it is voluntary.
RealPage Continues Growth, Plans $100M Acquisition of LeaseLabs
HousingWire, Aug. 3, 2018–Ben LaneRealPage announced late Thursday that it is planning to acquire LeaseLabs, a provider of digital marketing services and software to approximately 800,000 units in the multifamily housing industry, in a $100+ million deal.
Mall Bear Doubles Down on Bet, Even as Shopping Centers Show Some Life
Wall Street Journal, Aug. 7, 2018–Esther Fung (subscription)A hedge-fund manager known for wagering on the demise of the weakest American malls is raising the stakes, betting some of the hardest-hit shopping centers are in a death spiral.
Zillow Makes Big Move into Rental Services
HousingWire, Aug. 1, 2018–Jeremiah JensenZillow is at it again, aiming to take more ground in the rental market. This week, the online real estate giant rolled out new online tools that allow renters to apply for multiple rentals with one application that includes a background check and eviction history through Checkr and credit reports through Experian.