Category: Top National News

Forbes, Aug. 4, 2017Many startups and tech companies are focusing on the growing property technology sector. JLL recently expanded its tech capabilities by launching JLL Spark, an entity focused on creating new products, investments and supporting startups in the real estate tech industry.

Politico, Aug. 4, 2017–Colin WilhelmDespite promises from the Trump administration in April that it would “protect the homeownership … deductions,” multiple sources tracking tax reform said that the cap on the mortgage interest deduction–currently set at the interest on up to $1 million of mortgage debt–could be lowered in tax reform.

Wall Street Journal, Aug. 3, 2017–Josh Barbanel (subscription)Manhattan luxury-apartment sales have been stuck in the doldrums this summer, particularly units in flashy new developments.

Bloomberg, Aug. 3, 2017–Sarah MulhollandWith store closures accelerating, landlords are having to change course and find ways to create malleable space that can accommodate a revolving roster of tenants.

Miami Herald, Aug, 7, 2017–Neybis SanchezWhile Miami-Dade County’s emerging neighborhoods are experiencing substantial development and investment, one of its most established communities, Coral Gables, is also being transformed with large-scale retail projects from both the public and private sectors.

Wall Street Journal, Aug. 8, 2017–Esther Fung (subscription)Last week, the top mall operators delivered a blunt message to short sellers and naysayers who had expected more gloom for landlords in the bricks-and-mortar retail business: Don’t count us out just yet.

Wall Street Journal, Aug. 8, 2017–Esther Fung (subscription)The pressure for speedy online package delivery is prompting companies to look for distribution facilities closer to residential areas or highways. Some of the best locations, it turns out, are dead malls.

National Real Estate Investor, Aug. 9, 2017–Beth Mattson-TeigWhile commercial real estate crowdfunding firms haven’t disrupted the market, the top players have worked to continue to raise capital and find ways to make their bets.

National Mortgage Professional, Aug. 1, 2017–Phil HallCommercial and multifamily mortgage originations during the second quarter experienced a 28 percent spike from the first quarter and a 20 percent boost from one year earlier, according to new data from the Mortgage Bankers Association.

HousingWire, Aug. 1, 2017–Brena SwansonThe Senate Committee on Appropriations unanimously approved the fiscal year 2018 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, which with allots significantly more money to affordable housing programs than what President Donald Trump’s budget requested.