Category: Top National News

Bloomberg, Oct. 17, 2017–Patrick ClarkBounded by the Pacific Ocean and two of the Los Angeles area’s most exclusive country clubs, the 90402 zip code would meet most definitions of prime real estate. In fact, according to a new study, it’s the most exclusive address in the U.S.

Wall Street Journal, Oct. 17, 2017–Esther Fung (subscription)The U.S. has far too many malls scrambling to attract consumers at a time when online shopping is tightening its grip. That doesn’t mean middling malls will die quickly, however.

National Real Estate Investor, Oct. 17, 2017–Bendix Anderson Thanks to affordability and strong job growth–including in Seattle’s core–few new apartments are sitting vacant and rents continue to rise.

Wall Street Journal, Oct. 17, 2017–Peter Grant (subscription)Much of the capital behind the mixed-use project on Manhattan’s far west side is foreign.

RESPA News, Oct. 16, 2017The Mortgage Bankers Association signaled its support for work being done on comprehensive tax reform, writing to key lawmakers that this was a “once in a generation opportunity” to overhaul the tax code.

Bloomberg, Oct. 16, 2017–David Kocieniewski, Caleb MelbyAn ambitious plan by Jared Kushner’s family to recast its indebted Fifth Avenue office building as a luxury architectural trophy is collapsing, setting off a chain of events that may imperil the Kushners’ ownership of a property central to their real estate empire.

Richmond (Va.) Times-Dispatch, Oct. 16, 2017–Andrew LittleAfter taking a short breather earlier in the year, commercial real estate markets are growing again. Leading the resurgence is a stable and healthy conduit market producing loans at a pace not witnessed in three years.

National Real Estate Investor, Oct. 13, 2017–Donna Mitchell The two schools of thought on retail store closures seem very far apart.

Real Estate Weekly, Oct. 5, 2017–Steven Kohn2017 continues to be a great year to be a borrower, Cushman & Wakefield Vice Chairman Steven Kohn said. “Financing is readily available at virtually all leverage levels at attractive pricing.”

CNBC, Oct. 10, 2017–Diana OlickThe Mortgage Bankers Association reported credit availability increased in September.