Category: Top National News

Wall Street Journal, June 27, 2018–Laura Kusisto (subscription)The U.S. apartment market suffered its worst spring since 2010, near the depths of the housing crisis, as a flood of new supply and weakening demand resulted in rising vacancy rates and little or no rent increases in many major cities.

Wall Street Journal, June 19, 2018–Esther Fung (subscription)At a time when store closures are accelerating and struggling malls pockmark the country, county commissioners in Florida have approved a plan to build what would be the largest mall in the U.S. American Dream Miami would also be the most expensive mall ever built.

HousingWire, June 18, 2018–Jeremiah JensenMultifamily real estate is proving itself to be a rock-solid investment, and as the economic cards fall in favor of the asset class, its strong fundamentals are cementing into place and turning it into a nearly unstoppable barge of respectable returns on investment. But will the good vibes last?

National Real Estate Investor, June 18, 2018–Bendix AndersonKeeping single-family rental residents in homes longer drastically improves the economics of the business because of the high cost involved in preparing a home to rent.

National Mortgage News, June 15, 2018–Elina Tarkazikis (subscription)Regulation, on average, imposed by all levels of government accounts for 32% of multifamily development costs, according to the National Association of Home Builders and the National Multi Housing Council.

National Real Estate Investor, June 20, 2018–Beth Mattson-TeigPension funds still have a healthy appetite for commercial real estate, with firms raising allocations even as industry returns decline.

National Mortgage Professional, June 14, 2018–Phil HallThe delinquency rates for commercial and multifamily mortgage loans were virtually unchanged from the fourth quarter of last year to the first quarter of this year, the according to the latest Commercial/Multifamily Delinquency Report issued by the Mortgage Bankers Association.

National Real Estate Investor, June 11, 2018–Mary DudichHotels appear to be a particularly good fit for retail centers, which tend to have ample parking, prime locations and shopping, restaurants and entertainment options readily available for travelers.

Bloomberg, June 12, 2018–Sarah Mulholland (subscription)As they battle the rise of e-commerce, U.S. mall owners are trying to clear their books of fading centers so they can focus on the most-profitable ones. That’s proving difficult, with just a shallow pool of investors who are willing to take on a declining mall and even fewer who would pay what the landlords want.

Wall Street Journal, June 11, 2018–Scott Calvert (subscription)Philadelphia’s City Council is weighing a proposed 1% tax on construction to raise millions of dollars for affordable-housing programs, marking the latest push by a U.S. city to address rising residential costs.