Governing magazine, June 11, 2024–Jorge González-HermosoLocal governments want to see empty and underused offices converted to housing, but that’s often difficult. An examination of office and housing markets reveals the …
Category: Top National News
The Mid-Year 2024: Office Sector on the Brink: Navigating the Pain of an Uncertain Future
Commercial Real Estate Direct, June 10, 2024–Orest MandzyThe commercial real estate market continues to grapple with persistent risk and distress, with the office sector bearing the brunt of the impact. …
Proptech Firms Find Their Niches, Including Senior Housing
Commercial Observer, June 11, 2024-Philip RussoThe housing needs of seniors and students are growing rapidly, and proptech is increasingly focused on providing services for both real estate niches.Click here for more …
One City’s Downtown Plan: Empty Office Space That Is Too Cheap to Pass Up
The Wall Street Journal, June 11, 2024-Peter GrantU.S. cities aiming to convert half-filled office towers into residential buildings are looking north of the border to Calgary, Alberta, which has one …
Chicago to Offer Most Generous Subsidies in U.S. to Save Its Downtown
The Wall Street Journal, May 28, 2024-Peter GrantChicago gave birth to the skyscraper in the late 19th century. Now, local developers and politicians are trying to keep many of today’s …
Commercial Real Estate Insurance Costs to Double as Climate Change Intensifies
MPA, May 3, 2024-Candyd MendozaClimate change will continue to drive up insurance costs for commercial real estate owners and significantly impact the profitability of insurers, according to Deloitte’s “Financial Services …
Rising Housing Costs Anchor Renters in Place
MPA, June 3, 2024-Candyd MendozaRenters are less likely to pick up and move than they were a decade ago, as soaring housing costs have priced many out of homeownership.Click here for …
Lenders, Especially Banks, Are Starting to Sell a Lot More Loans on Office Buildings
Commercial Observer, June 3, 2024-Mike SeemuthMoney-losing sales of loans secured by offices and other types of struggling commercial real estate are gaining momentum. Banks in particular appear to be offering …
Developers Sit on Empty Lots After Historic Apartment Boom
The Wall Street Journal, June 4, 2024-Will ParkerSeattle-based developer Tyler Carr set out to build apartments in Boise, Idaho, where rents were rising the fastest in the country. In 2021, …
Amazon Is Reviving Its Logistics Expansion and Reshaping Its U.S. Distribution
The Wall Street Journal, May 22, 2024-Liz YoungAmazon.com’s postpandemic pullback in logistics expansion is over as the company turns competition for consumer spending into a battle over real estate.Click here for …