Category: Top National News

Slate, Mar. 22, 2018–Henry GrabarOne paradox of the housing affordability crisis in the United States is that one of the most popular ways to create affordable housing is to tax new housing.

Forbes, Mar. 26, 2018–Christopher KellyDespite a tight labor market putting pressure on employers to attract talent, the vast majority of the corporate workforce still works in dull, cubicle-laden office buildings, designed solely for space efficiency and with no regard for human-centered design.

Bloomberg, Mar. 27, 2018–Sarah Mulholland, Scott DeveauBrookfield Property Partners LP’s deal to take over retail landlord GGP Inc. is “wholly inadequate,” “a negative for the sector” and “neither exciting for GGP shareholders nor a good read-through for mall asset values.” In fact, “investors should vote against the transaction as it does not offer sufficient value,” said Wall Street analysts.

National Real Estate Investor, Mar. 15, 2018–Tim LeeMid-rise office assets provide an increasingly cost-effective option for investors and tenants in urban core areas.

Bloomberg, Mar. 19, 2018–David M LevittLast year, Chinese conglomerate HNA bought 245 Park Ave., a late 1960s-era building that’s home to JPMorgan Chase & Co., paying one of the highest prices ever for a New York office property. Values have since dropped and HNA faces the challenge of selling a building that’s starting to lose some of its gold-plated tenants and in need of improvements that could cost its new owner more than $1 billion.

National Mortgage News, Mar. 19, 2018–Elina Tarkazikis (subscription)Nearly one-third of all home purchases were made by millennials over the past year, but tight inventory and affordability issues prevented them from reaching their buying potential, according to a report.

National Mortgage Professional, Mar. 20, 2018–Phil HallCommercial/multifamily mortgage debt outstanding reached $3.18 trillion at the end of 2017, a 6.7 percent increase from the $200.3 billion level reached one year earlier, according to the Mortgage Bankers Association.

MarketWatch, Mar. 20, 2018–Caroline BaumThree or four interest rate increases? That is the burning question on everyone’s mind as the Federal Reserve meets this week for the first time under the stewardship of new Chairman Jerome Powell.

GlobeSt.com, Mar. 21, 2018–Betsy Kim The public market is saying something bad is going to happen to private real estate pricing.

National Real Estate Investor, Mar. 19, 2018–John EganVirtus Real Estate Capital CEO Terrell Gates said he continues to stick to a “cycle-resilient” strategy that zeroes in on seniors housing, medical office and workforce housing.