Category: Top National News

National Real Estate Investor, July 12, 2017–Eli RazinOn the heels of Amazon’s recently announced acquisition of Whole Foods for $13.7 billion, owners and lenders of Whole Foods-anchored properties are waiting to see what Amazon will do with the latest purchase the e-commerce giant has placed in its shopping cart.

Wall Street Journal, July 4, 2017–Peter Grant (subscription)The pace of office-space leasing slowed in the second quarter, mostly because of sluggish activity in the country’s top five markets, according to new figures from data firm Reis Inc.

Wall Street Journal, July 4, 2017–Dana Mattioli (subscription)Monogram Residential Trust Inc. said Tuesday it agreed to be acquired by Greystar Growth and Income Fund LP, an investment group led by Greystar Real Estate Partners LLC, in a deal valued at $2 billion.

Dow Jones Newswire, July 4, 2017–Esther FungThe delinquency rate for securitized commercial real-estate loans jumped 28 basis points to 5.75% in June from May, the biggest month-over-month increase since March 2012 and up sharply from the 4.6% recorded in June last year, according to real estate provider Trepp Inc.

Wall Street Journal, July 2, 2017–Christopher Mims (subscription)With tech-enabled modular design and building, the construction industry, like consumer electronics, can benefit from economies of scale.

NPR, July 5, 2017–Jim Zarroli Revenue from President Trump’s office buildings is falling. The problem: commercial real estate prices are declining. In New York, buildings are rising and older properties have to compete harder.

Wall Street Journal, June 27, 2017–Laura Kusisto (subscription)The national vacancy rate climbed to 4.4% for the quarter from 4.2% a year earlier, according to data released by Reis Inc. Nonetheless, average rents across the U.S. increased 3% year-over-year in the second quarter.

New York Post, June 27, 2017–Steve CuozzoManhattan’s office market could be headed for trouble despite today’s solid-seeming condition and euphoria over big chunks of space being gobbled up by marquee tenants at glamorous new towers.

LinkedIn, June 27, 2017–David Stevens, CMBMBA President and CEO discusses his recent battle with cancer.

Wall Street Journal, June 26, 2017–Nicole Friedman; Imani Moise (subscription)Warren Buffett’s Berkshire Hathaway made its second big real estate bet in two weeks. Its investment in real estate investment trust Store Capital Corp. made it the REIT’s third-largest shareholder.