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 …
Category: Top National News
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)
Blackstone’s Beleaguered Real-Estate Fund Stems Exodus
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 …