The New York Times, Aug. 21, 2024-Mihir ZaveriNew York City is turning to its own properties — including libraries, parking lots and garages — in a desperate search for space …
Category: Top National News
Pay Your Rent, Get 2% Cash Back: Landlords Join Craze for Rewards
The Wall Street Journal, Aug. 25, 2024-Katherine HamiltonThe only reward for paying your rent used to be a place to live. Now landlords are offering credit-card-style incentives like 2% cash …
Why Philadelphia Is Bucking a Nationwide Surge in Evictions
The Wall Street Journal, Aug. 26, 2024-Will ParkerMercedes Peterson was half-asleep on a hospital bed when an email from her landlord arrived. “I have to start the eviction process,” he wrote. …
Seattle Ranks No. 1 for One-Room Living Among Large U.S. Cities
Seattle Times, Aug. 15, 2024-Gene BalkRents have gone up faster than wages across the U.S. in recent years, and that’s put a lot of renters in a tight spot.Click here for …
Hotel Suite or Dorm Room? Unpacking the College Campus Housing Crunch
USA Today, Aug. 20, 2024-Zachary SchermeleTwo weeks ago, Anne Williams was angrily poring over an email from the University of Louisiana at Lafayette that said her son would have to …
Wells Fargo to Sell Bulk of Commercial Mortgage-Servicing Business to Trimont
The Wall Street Journal, Aug. 20, 2024-Gina HeebWells Fargo will sell the bulk of its commercial mortgage-servicing unit to Trimont for an undisclosed amount, the companies said Tuesday.Click here for more …
Companies Struggle to Return Workers to Offices, Multifamily Rebounds
Globe St., Aug. 19, 2024-Lynn GilesThe US office space market was still stagnant in the first half of 2024 but indicators signal some improvement, while the multifamily sector is starting …
Abandonments, Delays Ease Due to Anticipated Interest Rate Cut
ConstructionDive, Aug. 19, 2024-Seabstian ObandoDevelopers are taking a wait-and-see approach to projects, expecting that conditions are about to improve, according to economist Michael Guckes.Click here for more
Student Housing Market Shows Mixed Signals for 2024-25 Academic Year
Globe St., Aug. 16, 2024-Philippa MaisterAs a wave of students prepared to head to their colleges at the end of summer, they faced a student housing market with significant variations, …
New York Exemplifies the New Definition of Office Oversupply
Globe St., Aug. 15, 2024-Erik ShermanThe typical current analysis of office space revolves around average occupancy rates driven by work-from-home. A more accurate analysis, a report from Savills earlier this …