Category: Top National News

National Real Estate Investor, May 21, 2018–John EganCBRE’s Spencer Levy cautioned that industrial and multifamily will confront short-term supply headwinds and stressed that retail has been unfairly pummeled.

Wall Street Journal, May 21, 2018–Austen Hufford (subscription)Blackstone Group LP, a large private-equity firm, has reached a deal to buy U.S. luxury hotel owner LaSalle Hotel Properties for about $3.7 billion, the companies said on Monday.

NPR, May 21, 2018–Roben FarzadThe seas are rising, frequently flooding the streets even when no storms are on the horizon. But that hasn’t stopped foreign investors from shelling out big dollars for Miami real estate.

The Real Deal New York, May 22, 2018–Konrad PutzierNot too long ago, it seemed like the real estate business was about to enter a new era. To some observers, websites like Zillow and Trulia or office equivalents 42Floors and LoopNet threatened to put brokers out of business. Fast forward a few years, and the opposite seems to be taking place: well-funded startups are currently in a quest to add more and more intermediaries to real estate deals.

Commercial Property Executive, May 22, 2018–Paul FiorillaForged out of crisis and sharpened during a cycle of frenetic activity, the commercial mortgage-backed securities market is struggling to adjust to a period of relative calm.

Governing Magazine, May 14, 2018–J. Brian CharlesSome cities are turning to vacant property taxes to nudge property owners of both retail and residential spaces to lease, develop or sell their properties before a short-term vacancy turns into what some cities see as blight.

HousingWire, May 11, 2018–Jeremiah JensenThe multifamily market is in on hold as far new starts go with the exception of an odd permitting blip registered over the course of March, in which permit numbers spiked by 19%. That aside, researchers are predicting a slowdown in new construction starts as the market is full-up on Class-A product, and construction costs don’t allow for developers to build Class-B product.

National Real Estate Investor, May 15, 2018–Mary Diduch There are several large proposed real estate investment trust mergers in the books already in 2018, but analysts in the space say the activity may not be done yet.

Slate Magazine, May 11, 2018–Henry GrabarA university is now the largest employer in two-thirds of America’s 100 largest cities and they have enthusiastically seized more economic and urban development responsibilities.

New York Times, May 12, 2018–Emily BadgerThe development, Natalie Gubb Commons, was reserved for households with incomes up to 50 percent of the local median. The applications were open for three weeks last fall, and 6,580 households applied for a chance to rent there, or nearly 70 for each unit.