MPA, April 24, 2024-Candyd MendozaCommercial real estate (CRE) mortgage originations were down by half in 2023 as property owners paused borrowing. However, multifamily remained a bright spot.Click here for more
Category: Top National News
These New Managerial Cities Are the True Winners of Remote Work
Washington Post, April 29, 2024–Andrew Van DamIn the typical metro area for which we have data, people are now about 36 percent more likely to work for managers in another …
Can Turning Office Towers Into Apartments Save Downtowns?
The New Yorker, April 29, 2024-D.T. MaxThere are about a thousand real-estate developers in New York City. Nathan Berman is one of them, and he’s become rich doing it. But, …
Office-Loan Defaults Near Historic Levels With Billions on the Line
The Wall Street Journal, April 30, 2024-Peter GrantDefaults are reaching historic levels in the office market, as a growing number of owners capitulate to persistently high interest rates and weak …
Prologis Warns of Slowing Industrial Real-Estate Market
The Wall Street Journal, April 17, 2024-Denny JacobPrologis, the world’s largest industrial property company, logged better-than-expected revenue in the latest quarter but warned of a slowdown in warehousing markets in …
Commercial Real Estate Foreclosures Jumped 117% in March as Trouble Looms
Fox Business, April 18, 2024-Megan HenneyThe commercial real estate market is starting to buckle under the weight of higher interest rates and remote work.Click here for more
Primary State Schools in Power 5 Conferences Drive Student Housing Demand
Globe St., April 19, 2024-Philippa MaisterThose roaring crowds of students you see on the stands at big football games, screaming and waving their college colors around? They could be signaling …
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout
The Wall Street Journal, April 19, 2024-Telis DemosFor another quarter, big banks saw only a smattering of losses on office loans. But lenders still remain braced for a lot more.Click …
There’s No Reason to Panic About Multifamily
GlobeSt.com, April 22, 2024–Jack RogersVacancy is up, values are going down, but long-term demographics are great.Click here for more
Reversing the Real Estate Doom Loop Is Possible. Just Look at Detroit.
Wall Street Journal, April 22, 2024–Konrad PutzierDetroit’s business-district transformation offers lessons to other cities struggling to revive their empty downtownsClick here for more (subscription)