Category: Top National News

D Magazine, June 28, 2017–Lily CorralNFL Hall of Famer and founding partner Emmitt Smith is parting ways with the real estate firm that carries his name.

CNBC, June 20, 2017–Matthew Yglesias A Whole Foods under Amazon’s stewardship will almost certainly accept lower profit margins than it does as an independent chain–and that spells trouble for everyone else in the grocery business.

Richmond (Va.) Times-Dispatch, June 19, 2017–Andrew LittleMuch like one of Tennessee’s state songs, Rocky Top, commercial real estate values are peaking and it is a little rocky at the top.

MarketWatch, June 16, 2017–Jacob PassyAcross the country, only 45% of renters on average can afford the payments on a median-priced home in their area, according to new report on the state of housing from Harvard University’s Joint Center for Housing Studies.

Scotsman Guide, June 16, 2017–Victor WhitmanCommercial and multifamily debt held by banks and other major investors surpassed the $3 trillion mark for the first time ever in the first quarter, the Mortgage Bankers Association reported.

National Real Estate Investor, June 20, 2017–Bendix AndersonFreddie Mac issued hundreds of millions of dollars in bonds secured by loans to affordable housing properties, upping the ante on its securitization programs.

Wall Street Journal, June 13, 2017–Peter Grant; Richard Rubin (subscription)To finance a possible tax rate cut, some in Congress are eyeing the provision, which allows sellers to defer capital-gains taxes by reinvesting in other properties.

Reuters, June 13, 2017–Richard LeongU.S. commercial real estate loans outstanding topped $3 trillion for the first time ever at the end of the first quarter, the Mortgage Bankers Association said on Tuesday.

HousingWire, June 12, 2017–Jacob GaffneyAccording to a website, called Will Robots Take My Job?, developed by Mubashar Iqbal and designed by Dimitar Raykov, robots will indeed take over. By some estimations, millions of jobs are at risk across the nation. And this appears especially true for many mortgage and real estate jobs.

Bloomberg, June 12, 2017–Patrick Clark, Dorothy GambrellAcross the U.S., retail real estate development that outpaced demand marked the early years of the new millennium. Now retailers are going bankrupt at a record rate, and hedge funds are betting against the commercial mortgages used to finance mall properties.