Bloomberg, Jan. 31, 2018–David M LevittAmerica may never recover its glory as a manufacturing powerhouse, but the Brooklyn Navy Yard is doing what it can, transforming itself from a 20th-century warship builder to a 21st-century high-tech hub.
Category: Top National News
Multifamily Borrowers Have a Wide Field of Options for Mezzanine Debt
National Real Estate Investor, Jan. 23, 2018–Bendix AndersonMultifamily investors have lots of options to choose from if they want to take out a mezzanine loan in addition to the primary mortgage on their property.
CRE Is Well Positioned for 2018
National Real Estate Investor, Jan. 19, 2018–J. Benjamin McGrewIncredibly, the current economic upcycle is now pivoting into its eighth year. And though there have been a few negatives in the past year, the overall outlook, especially for commercial real estate points to 2018 as a net positive.
Companies With Diverse Executive Teams Posted Bigger Profit Margins, Study Shows
Wall Street Journal, Jan. 18, 2018–Vanessa Fuhrmans (subscription)The McKinsey & Co. analysis, which examined financial data of more than 1,000 companies, found that companies with diverse executive teams posted bigger profit margins than their rivals.
Toys R Us to Close 180 Stores Across the U.S.
CNBC, Jan. 24, 2018–Lauren ThomasToys R Us is planning to shutter roughly 180 stores across the country, or about one-fifth of its U.S. store fleet, in a bid to restructure the company and emerge from bankruptcy protection.
New Tax Laws Likely to Increase High Net Worth Investment in Real Estate
National Real Estate Investor, Jan. 24, 2018–John EganFor high-net-worth investors in commercial real estate, the federal tax overhaul is practically a financial home run.
Amazon’s Cashierless ‘Go’ Convenience Store Set to Open
Wall Street Journal, Jan. 22, 2018–Laura StevensA new Amazon Go store, located in the base of Amazon’s main headquarters in Seattle, uses computer vision and machine-learning algorithms to track shoppers and charge them for what they select, thereby eliminating checkout counters.
CMBS Issuance Was Higher Than Expected in 2017. Can the Trend Continue?
National Real Estate Investor, Jan. 11, 2017–Beth Mattson-TeigSourcing new loans could be a bigger challenge in the coming year as the wall of maturities continues to shrink.
Finally, a Clearer Picture on Inflation
Wall Street Journal, Jan. 12, 2018–Justin Lahart (subscription)Janet Yellen can take a victory lap about inflation on her way out as Federal Reserve chairwoman. She has been saying the weakness in last year’s inflation readings was transitory, and she was right.
Multifamily Housing Production Finds Stable Ground in 2018
National Mortgage News, Jan. 12, 2018–Elina Tarkazikis (subscription)Though multifamily housing starts are projected to slightly moderate this year and in 2019, production levels are expected to remain in a steady range considered normal, with low supply actually contributing to this stabilization, according to a new report.