Category: Top National News

Associated Pres, May 22, 2016–Lima, Debora
As Miami’s condo market loses traction amid a softening world economy, developers are shifting gears and rental apartments are sprouting throughout Miami-Dade.

NPR, May 23, 2016–Noguchi, Yuki 
Many of the department stores that once anchored bustling shopping malls continue to close. Mall owners are adding movie theaters, restaurants, gyms and other ‘experiential’ tenants instead.

Wall Street Journal, May 25, 2016–Grant, Peter
Commercial property sales have slowed in the U.S. this year-but Chinese investors are continuing to plow money into the market.

New York Post, May 16, 2016–Weiss, Lois
The fall-off in sales at US brick-and-mortar stores is starting to hit Manhattan’s pricey commercial real estate.   

Washington Post, May 16, 2016–Mui, Ylan
Federal Reserve Bank of Richmond President Jeffrey Lacker said has led the Richmond Fed since 2004 and has been a vocal critic of the central bank’s easy-money stance. Now, he says the Fed might be falling behind the curve as the economy strengthens.

Barron’s May 14, 2016–Stone, Amey
Mortgage real estate investment trusts have enjoyed a stunning three-month run for an obscure, underfollowed corner of finance. They are up 22 percent since mid-February, buoyed by stronger credit markets, a Federal Reserve that seems likely to keep rates lower for longer and a nod from bond king Jeffrey Gundlach of DoubleLine Capital at a recent hedge fund conference.

National Real Estate Investor, May 13, 2016-Carr, Robert 
Though demand for office space continues to improve, industry experts say it’s still too early to expect a surge in speculative construction in the sector. Office developers are watching constructions costs rise and sensing some lingering caution from corporate executive teams, leaving them reluctant to build on a speculative basis.

Wall Street Journal, May 13, 2016–Morath, Eric; Kapner, Suzanne
Consumers boosted spending in April to the highest levels in more than a year, accelerating their turn toward online shopping and widening the divide between in-store retailers and Internet outlets pitching lower prices and convenience.

Wall Street Journal, May 12, 2016–Josephs, Leslie
Real-estate stocks are getting their own home in the S&P 500 later this year, a move that could spell trouble in their old neighborhood.

National Mortgage Profesional, May 17, 2016
The Mortgage Bankers Association Opens Doors Foundation announced that it is accepting “Text-to-Give” donations.