Wall Street Journal, Jan. 17, 2017–Patnaude, ArtInvestors are piling money into real-estate funds-but fund managers are finding it a challenge to spend it.
Category: Top National News
Mall Owners Find Relief From Unlikely Source: Online Retailers
Wall Street Journal, Jan. 17, 2017–Fung, Esther; Smith, Jennifer
Vacant space in malls is being filled by stores used for pickup and returns of goods bought online, and by online merchants looking to reach new customers.
Ted Tozer, Steward of Ginnie Mae for 7 Years, Departing
National Mortgage News, Jan. 13, 2017–Passy, Jacob
As president of the secondary marketing agency, Tozer has helped the mortgage market to continue functioning and keep up with changes following the financial crisis. The incoming Trump administration has not yet picked a successor.
How Much Longer Will Charlotte’s Commercial Real Estate Boom Last?
Charlotte (N.C.) Observer, Jan. 13, 2017–Portillo, Ely
It’s the biggest question right now in Charlotte’s booming commercial real estate market: How long will the good times last?
Retail Sales Figures Bear Out America’s Storefront-to-Online Shift
Bloomberg, Jan. 13, 2017–Yadoo, Jordan
Holiday sales at Macy’s Inc., Sears Holdings Corp., and J.C. Penney Co. were anemic and U.S. government data just confirmed it.
Consumer Optimism Slips to Start 2017
HousingWire, Jan. 13, 2017–Ramirez, Kelsey
Although consumer optimism increased after the election of President-elect Donald Trump, 2017 saw a dip in that optimism.
Foreign Money Looks Beyond Gateway Cities for Apartment Assets
National Real Estate Investor, Jan. 17, 2017–Anderson, Bendix
U.S. apartment properties still look good to foreign investors.
Trump Era: Mix of Optimism, Uncertainty in CMBS
Commercial Property Executive, Jan. 18, 2017–Fiorilla, Paul
A year ago, commercial mortgage-backed securities market players were debating how much new regulations requiring issuers to “eat their own cooking” would disrupt the industry.
More Than an Apartment, Not Exactly a Hotel: WhyHotel Looks for the Sweet Spot
Washington Post, Dec. 21, 2016–Sullivan, Patricia
Vornado’s The Bartlett apartment tower in Arlington, Va. looks and feels like an AirBnB home-share, but is run by professionals in a sizable new apartment block. Newmark Grubb Knight Frank’s Greg Leisch called the apartment industry “very slow, way behind the hotel and office industry in participating in the sharing economy.”
REIT IPOs Continue to Face Hurdles
National Real Estate Investor, Jan. 4, 2017–Mattson-Teig, Beth
The real estate investment trust market saw few new players added to the roster in 2016. The sedate pace of IPO activity is testament to the challenging pricing market that still exists, and 2017 is shaping up to be another slow year.