Category: Top National News

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.

MarketWatch, May 17, 2016–Riquier, Andrea
Rent price growth matched the highest since the financial crisis, another indication of the imbalance in the nation’s housing market. In early May, a report called “Diverted Homeowners, the Rental Crisis and Foregone Household Formation” was released by the Mortgage Bankers Association.

National Real Estate Investor, May 17, 2016–Bell, Diana
Off to a wobbly start in 2016, the lending landscape for commercial real estate is expected to bolster as the year progresses. Yet investors and lenders remain uncertain about the extent of improvement, as the industry faces looming loan maturities and regulatory measures. Insurance lenders accounted for 13.0 percent of all lending across commercial property types in 2015, according to data from the Mortgage Bankers Association.

National Real Estate Investor, May 18, 2016–Mattson-Teig, Beth
Higher caps for Fannie Mae and Freddie Mac will deliver some welcome liquidity to a still booming multifamily investment market.

Forbes, May 18, 2016–Moreno, Hugo
Commercial real estate executives appear relatively optimistic about the general state of
 the market in 2016, with many predicting higher than average deal volumes for their firms.

Bloomberg, May 10, 2016–Levitt, David M.
Joseph Moinian, an owner of properties including the W New York Downtown hotel and the Sky apartment tower, has started work on a foundation for a 1.8 million-square-foot (167,000-square-meter), 66-story skyscraper whose height will rival the Chrysler Building.

National Mortgage News, May 10, 2016–Passy, Jacob
Commercial real estate executives remain upbeat about their prospects for 2016, though they do see some potential hurdles on the horizon, according to CIT Group’s 2016 Commercial Real Estate Outlook survey.

Miami Herald, May 9, 2016–Herrera, Chabeli
In a $794 million deal, SBE acquired Morgans’ 13 properties across the U.S., including the 194-room Delano, which SBE will take direct ownership of, the Mondrian South Beach and the Shore Club Miami Beach hotel for a short time.

Mlive.com, May 9, 2016–Thibodeau, Ian
Detroit officials selected a group that includes a Dan Gilbert company to build a massive, mixed-use development in Brush Park and Eastern Market. The project would expand the Quicken Loans founder’s growing real estate influence outside Downtown, where he owns more than 80 properties.