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Hunters, and their websites, WeTakeSection8.com, ApartmentHunterz.com, and FeaturedRentals.com, actually offered out-of-date listings, including many that did not accept Section 8 vouchers as promised.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.

Rental Glut Sends Chill Through the Hottest U.S. Housing Markets

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.

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.