Bloomberg, Oct. 2, 2018–Oshrat CarmielThe number of homes simultaneously listed for sale and for rent in New York jumped 51 percent this year through Sept. 1 — to 1,087 — as owners try to get the best price at a time when both markets are weakening, according to data compiled by StreetEasy.
Category: Top National News
Banks Get Company on the Commercial Real Estate Lending Front
Daily Business Review, Sept. 24, 2018–Lidia Dinkova Banks held 40 percent of the commercial real estate debt in 2017 nationally, but South Florida borrowers increasingly are turning to alternative lenders for more flexible terms.
SFR Landlords Have Room to Raise Rents in Most Markets
National Real Estate Investor, Sept. 24, 2018–Bendix AndersonLow vacancy and prohibitive house prices give single-family rental tenants incentives to accept rent increases.
10 Years After Lehman: This Time It’s Different
IPE Real Assets magazine, Sept. 25, 2018–Christopher O’DeaReal estate investors learned painful lessons 10 years ago. With signs of a correction yet to materialize, can the market escape a repeat of 2008?
Is The Commercial Real Estate Market Cooling?
The Press-Enterprise (Riverside, Calif.), Sept. 25, 2018–Allen BuchananSo, the rumblings have begun and folks want to know: Is commercial real estate simmering down? In my humble opinion, yes.
Caution: Potential Inverted Yield Curve Ahead
National Real Estate Investor, Sept. 26, 2018–Beth Mattson-TeigThis week’s Federal Reserve Board meeting is once again shining a spotlight on rising interest rates and what has remained a stubbornly flat yield curve.
The Death and Life of New York City Retail
Bloomberg, Sept. 17, 2018–Justin FoxManhattan has fewer retail establishments now than in 2001. But there are other boroughs and other uses of storefront space.
FTC Shuts Down Real Estate Websites that Allegedly Preyed on Section 8 Renters
HousingWire, Sept. 18, 2018–Ben LaneThe FTC claims that the Shayan brothers’ companies, Apartment Hunters, Real Estate Data Solutions, Rental Home Listings, and UAB Apartment Hunters, and their websites, WeTakeSection8.com, ApartmentHunterz.com, and FeaturedRentals.com, actually offered out-of-date listings, including many that did not accept Section 8 vouchers as promised.
Growth in New CMBS Issuances Reduces Delinquency Rate: Fitch
National Mortgage News, Sept. 17, 2018–Brad Finkelstein (subscription)Commercial mortgage-backed securities delinquency rates are likely to continue to decrease for the rest of the year, as new issuances outpace maturing loans and precrisis loans continued to get resolved by special servicers, Fitch Ratings said.
Highland Capital Is Close to $300 Million Rental-Home Deal
Bloomberg, Sept. 7, 2018–Patrick Clark, Gillian TanHighland Capital Management LP, the asset manager founded by Jim Dondero and Mark Okada, is under contract to buy a portfolio of single-family rental homes managed by VineBrook Partners LLC for more than $300 million, according to people with knowledge of the deal.