Investors Business Daily, Dec. 11, 2016–Shreve, Ken
Don’t give up on real estate investment trusts just yet. They have bounced up 8 percent from their Nov. 11 low and analysts and fund managers point toward an improving economy as a catalyst in coming quarters.
Wall Street Journal, Dec. 7, 2016–Chaudhuri, Saabira
IKEA plans to incorporate more of its stores into larger developments containing hotels, homes and offices as it works to adapt to growing urban populations by locating its stores more centrally, its chief executive said Wednesday.
Reuters, Dec. 14, 2016–Lash, Herbert
The opening of 432 Park Avenue, a 96-story tower marketed by developers as the tallest residential building in the Americas, had an outsized effect on prices, said CityRealty research director Gabby Warshawer.
National Mortgage News, Dec. 13, 2016–Montgomery, Brian
Collingwood vice chairman and former FHA commissioner calls for new housing office to coordinate housing policy.
National Mortgage Professional, Dec. 14, 2016–Hall, Phil
The Federal Housing Finance Agency issued its final rule to implement the Duty to Serve statute that requires Fannie Mae and Freddie Mac to offer financing for financially challenged households in the manufactured housing, affordable housing preservation and rural housing markets.
Reuters, Dec. 6, 2016–Freed, Dan
Blackstone Group Chairman and CEO Steve Schwarzman said he expects a “very substantial reversal of regulations of all types” for the financial sector following Donald Trump’s presidential election.
National Mortgage News, Dec. 5, 2016–Collins, Brian
Carson “brings leadership skills along with his political sense and his persuasive and communication skills to HUD,” said David Stevens, the president and chief executive of MBA and a former FHA commissioner.
Colorado Real Estate Journal, Dec. 5, 2016–Fain, Baxter
One thing is for sure, our days of easy money and ultra-low rates are over.
Mortgage Daily, Dec. 2, 2016
Growing defaults from a wave of securitized commercial real estate loans that are maturing are likely to be exacerbated by the upcoming implementation of the risk retention rule.
National Real Estate Investor, Nov. 30, 2016–Bell, Diana
The rise in the 10-year Treasury rate could hinder some fourth-quarter transactions, which could have 2016 close out at about 10 percent down compared to last year’s sales volume.
