HousingWire, May 24, 2017–Ben LaneFannie Mae this week rolled out a new program designed to boost the development of healthy living options for residents of affordable, multifamily rental properties.
Category: Top National News
What New Technologies Mean for the Future of Office Space
National Real Estate Investor, May 26, 2017–Patricia Kirk Determining how and where people work has massive impacts on productivity, employee engagement, competitiveness and an organization’s brand and reputation.
The Commercial Real Estate Technology Purge is Coming
CRE Tech, May 30, 2017–Duke LongI am expecting a downturn for commercial real estate tech. Are you ready?
Trump Nominates Affordable Housing Official as HUD General Counsel
National Mortgage News, May 25, 2017–Brian Collins (subscription)President Trump has nominated Paul Compton, an Alabama attorney with affordable housing experience, to serve as general counsel for HUD.
New Office Spec In DC Is Getting Scary. So Why Is It Happening?
GlobeSt.com, May 26, 2017–Erika MorphyThere are currently 24 office buildings under construction in Washington, D.C. Vacancies are at cyclical highs and much of the product that delivered in the last 24 months remains largely vacant, yet speculative construction continues.
The Commercial Market is ‘Frothy’ Right Now and Low Interest Rates are to Blame: Zell
The Real Deal (New York), May 12, 2017–E.B. SolomontThe commercial real estate market is getting frothy and low interest rates are to blame for asset inflation and impending oversupply issues, said billionaire Sam Zell.
Retail: It’s Not All Doom and Gloom
Commercial Observer, May 16, 2017–Lea Overby, Edward DittmerAs the retail landscape shifts, the property sector should remain stable nationally, buoyed by a lack of new construction and brick-and-mortar retailers’ abilities to innovate in response to increased competition (MBA mention).
Big Developers Roll Out Co-Living Units to Woo Millennials
Wall Street Journal, May 16, 2017–Peter Grant (subscription)Numerous startup companies, including WeWork Cos., have launched apartment-sharing businesses that rent out individual rooms rather than entire apartments.
Mall Owners Flex Hidden Muscles Over Lenders
Wall Street Journal, May 16, 2017–Esther Fung (subscription)Mall lenders would rather suffer huge losses than take over struggling properties.
The Bronx is Bubbling: Investors are Placing Huge Bets on the Borough–But the Numbers May Not Pencil Out
The Real Deal (New York), May 15, 2017–Ben St. ClairThe Bronx has become a destination for investors seeking high returns–not only in new development, which is booming, but also in the borough’s existing apartment building stock.