Wall Street Journal, June 24, 2024–Kate KingBrookfield Property Partners spent billions in 2018 to assume full ownership of mall-owner GGP when malls were out of favor on Wall Street. Executives …
Category: Top National News
Neighbors Fight Affordable Housing, but Need Libraries. Can’t We Make a Deal?
The New York Times, June 21, 2024-Michael KimmelmanThese days, NIMBYs are always fighting affordable housing projects. Communities are increasingly desperate for libraries. One obvious solution is the twofer — building …
Buyers Snap Up Aging and Empty Office Buildings for Deep Discounts
The New York Times, June 12, 2024-Matthew GoldsteinA perfect storm of plunging property values for aging buildings, weak tenant demand coming out of the pandemic and high interest rates for …
Multifamily Ranks First as the Top Investor Choice
Multi-Housing News, June 11, 2024–Lew SichelmanRespondents to a CBRE investor intentions survey noted that multifamily posed the most opportunity, Lew Sichelman writes.Click here for more
Rent Hikes Loom, Posing Threat to Inflation Fight
The Wall Street Journal, June 18, 2024-Will ParkerApartment dwellers got a break recently when rent growth slowed and fell in parts of the country following years of steep increases. That …
Insuring Vacation Property
The Housing Scene by Lew Sichelman, June 14, 2024People fortunate enough to own vacation properties likely insure their places just like they do their personal residences. But if they don’t …
Yes in God’s Backyard? This Housing Solution May Be the Answer to Your Prayers.
Vox, June 18, 2024-Rachel M. CohenAbout five years ago, Harvey Vaughn, the senior pastor at Bethel AME, the oldest Black church in San Diego, heard a radio report about rising …
Office Building Losses Start to Pile Up, and More Pain Is Expected
The New York Times, June 6, 2024-Joe Rennison and Julie CreswellSince the early days of the pandemic, owners of big buildings in New York and other large cities have been …
Hotel Executives Eye Vacant Offices
Construction World, June 7, 2024Hotel executives are turning their attention to vacant office buildings as a solution to the growing demand for accommodation space.Click here for more
The Unlikely New Real-Estate Darling: Restaurants
The Wall Street Journal, June 10, 2024-Kate KingProperty owners have long seen restaurants as risky tenants with a high rate of failure. Now, with Americans dining out more than ever, …