The Wall Street Journal, April 23, 2024-Peter GrantFor signs that the turbulent commercial real-estate market is beginning to stabilize, look at Blackstone’s largest real-estate fund, known as Breit.Click here for more …
Category: Top National News
‘Upzoning’ & Affordable Housing: Correlation Does Not Equal Causation
Globe St., April 23, 2024-Erik Sherman“Upzoning” — also known as zoning reform — is getting renewed attention as a way to expand housing construction with market forces putting a damper …
America Is Full of Abandoned Malls. What if We Turned Them Into Housing?
Vox, April 10, 2024-Rachel M. CohenAmy Casciani, a longtime real estate developer whose corporation built housing across seven states, watched her local community struggle for years to add new homes.Click …
Finance Returns to Office as Wall Street North (NYC) and South (Miami) Blow Other Markets Out of the Water With Cubicles Over 80% Full
Fortune, April 11, 2024-Jane ThierThe return-to-office rate in New York City has reached a fever pitch, with a leading provider of foot traffic data finding occupancy hitting more than 80% …
Why More Renters Are Opting Out of Ownership
Multi-Housing News, April 10, 2024-Lew SichelmanA house on the corner with a white picket fence and a backyard has long been a big part of the American Dream. But it’s …
Luxury Multifamily Rent Growth Weakest in Recent Memory
Globe St., April 15, 2024-Philippa MaisterAnyone searching for a luxury apartment could find this a good time to go hunt. That’s because asking rents have been slashed as a result …
Big Tech Is Downsizing Workspace in Another Blow to Office Real Estate
The Wall Street Journal, April 16, 2024-Konrad PutzierBig technology companies are cutting back on office space across major coastal cities, leaving some exposed landlords with empty buildings and steep losses.Click …
The Real Estate Nightmare Unfolding in Downtown St. Louis
The Wall Street Journal, April 9, 2024-Konrad PutzierThe Railway Exchange Building was the heart of downtown St. Louis for a century. Every day, locals crowded into the sprawling, ornate 21-story …
Commercial Real Estate Entering Planning Stage Dips
The Dodge Momentum Index fell 8.6% in March to 164.0, and commercial properties entering the planning stage dipped 3.2%, according to the Dodge Construction Network, Bedford, Mass.
Interest Rate Drops Will Not Solve CRE Problems
GlobeSt.com, April 04, 2024–David FroshInvestors in commercial real estate and multifamily housing should be less concerned about the Federal Funds rate and more focused on the potential scarcity of capital …