The Wall Street Journal, April 8, 2024-Craig KarminBlackstone has agreed to acquire an owner of upscale apartment buildings for about $10 billion, signaling that one of the world’s largest real-estate …
Category: Top National News
Current Office Cycle Could Last Longer Than GFC Downturn
Globe St., April 9, 2024-Erik ShermanTrying to understand the office market has become difficult. Some knowledgeable people in CRE are sure that now is the time to invest in office. …
WeWork to Save $8 Billion in Rent by Restructuring Leases
The Wall Street Journal Pro, April 2, 2024-Akiko MatsudaCo-working space provider WeWork said its lease restructuring effort so far is expected to result in more than $8 billion in future …
Rep. Schiff Proposes Bill to Turn Government Buildings Into Affordable Housing
Los Angeles Daily News, April 2, 2024-Clara HarterIt is estimated that the U.S. government owns 45,000 underutilized buildings and Representative Adam Schiff, D-Burbank, wants to see this vast resource repurposed …
Spread Between Corporate Debt and CRE Mortgages Hits 24-Year High
Globe St., March 27, 2024-Erik ShermanIn its recent look at U.S. capital trends, using the most recent data through 2023, MSCI look at what it called debt snapshots — a …
Construction Firms Go Circular as They Try to Meet Demand for Greener Office Buildings
The Wall Street Journal, March 27, 2024-Yusuf KhanHundreds of feet above the British capital’s Canary Wharf financial district, an office tower under construction grows taller as it draws materials from …
Q&A: Jamie Woodwell, Mortgage Bankers Association
Scotsman Guide, April 2024, Jeff BondAfter a gloomy 2023, the Mortgage Bankers Association (MBA) expects commercial activity to rebound, with overall borrowing and lending to rise from last year’s $444 …
MBA Chief Criticizes Biden’s Rent Control Plan
MPA, April 1, 2024-Candyd MendozaThe Mortgage Bankers Association (MBA) is sounding alarms over President Biden’s plan to impose a 10% annual cap on rent increases at properties supported by the …
Senior Housing Rebounds as Boomers Move In
The Wall Street Journal, April 1, 2024-Peter GrantThe outlook is finally brightening for investors in the senior-housing market, many of whom bet billions of dollars that the aging of the …
The Dollar-Store Showdown Comes Down to Real Estate
The Wall Street Journal, April 2, 2024-Kate KingAmerica’s two leading dollar-store chains are heading in opposite directions. One discounter is expanding aggressively while its rival contracts. The difference comes down largely …