Bloomberg, Sept. 7, 2018–Prashant GopalRenters are gaining the upper hand in urban centers across the U.S. as new amenity-rich apartment buildings constructed in response to big rent gains in previous years are forced to fight for customers.
Category: Top National News
Trade Groups Make New Push on GSE Reform
National Mortgage Professional, Sept. 5, 2018–Phil HallA coalition of housing, mortgage financial services trade organizations issued a public letter to the Trump Administration and congressional leaders asking that reform efforts involving the government-sponsored enterprises be given a new degree of priority.
The Government May Want to Buy Your Dying Mall
Wall Street Journal, Sept. 11, 2018–Esther Fung (subscription)These municipalities, concerned that vacated retail centers will blight the landscape and drag down surrounding property values, have been buying up malls they fear are being starved of capital by the private sector.
RealPage Completes $100 Million Acquisition of LeaseLabs
HousingWire, Sept. 11, 2018–Ben LaneThe acquisition of LeaseLabs is just the latest for RealPage, a provider of software and data analytics to the real estate industry. This is RealPage’s sixth since January 2017 and pushes the company’s total outlay for its recent expansion past $1 billion.
New York’s World Trade Center Struggles to Fill Office Space
Wall Street Journal, Sept. 11, 2018–Peter Grant (subscription)Nearly 20 percent of One World Trade Center remains empty four years after it opened.
Biggest Commercial Mortgage Servicers of 2018
Mortgage Daily, Aug. 30, 2018The Mortgage Bankers Association presented the rankings as part of its Commercial/Multifamily Real Estate Mortgage Servicer Rankings Mid-Year 2018.
Moody’s Buying Commercial Real Estate Data Provider Reis for $278 Million
HousingWire, Aug. 30, 2018–Ben LaneReis currently provides analysis and forecasts for 275 metropolitan markets and 7,700 submarkets in multifamily, affordable housing, office, retail, student housing and senior housing.
Facebook Is Bingeing on Bay Area Real Estate
Bloomberg, Sept. 4, 2018–Noah Buhayar, Sarah FrierSince Facebook Inc. arrived in Menlo Park, California, seven years ago, the town has been overrun by construction cranes, orange safety cones and truckloads of building materials to transform a former industrial area into a sprawling campus that can support a $500 billion tech giant.
Getting to Yes: What It Takes to Land Construction Debt Today
Commercial Observer, Sept. 4, 2018–Matt GrossmanLenders of all types give construction loans close scrutiny before they approve a loan.
Do Widespread Rent Concessions in the Apartment Sector Signal a Problem?
National Real Estate Investor, Sept. 4, 2018–Bendix AndersonProperty managers are offering more months of free apartment rent to attract new tenants in markets across the United States.
