Axios, Jan. 23, 2024-Kate MarinoThe pipeline for new apartments in old office buildings is filling up fast.Click here for more
Category: Top National News
Commercial Mortgage Lending to Jump 29% in 2024 After Slowest Year in a Decade, Mortgage Bankers Association Says
Business Insider, Jan. 23, 2024-Filip De MottCommercial and multifamily mortgage borrowing and lending is forecast to surge 29% from last year’s estimated total of $444 billion, the Mortgage Bankers Association …
Office Loan Delinquencies Surge To 6.5% To End 2023, Hotels Not Far Behind
Bisnow, Jan. 17, 2024-Dees StriblingOffice-backed commercial loans finished 2023 with a delinquency rate of 6.5%, up from 5.1% in the third quarter, according to the Mortgage Bankers Association.Click here for more …
The Bill Is Coming Due on a Record Amount of Commercial Real Estate Debt
The Wall Street Journal, Jan. 16, 2024-Peter GrantThe troubled commercial real estate market is bracing for a record amount of maturing loans, boosting the prospect of a surge in defaults …
Stadium First, Affordable Housing Later? U.S. Developers Dangle Homes as Perk of Big Construction Deals
The Guardian, Jan. 18, 2024-Rick PaulasFor more than a decade, John Fisher, the owner of the Athletics Major League Baseball team, has been threatening to move the club out of Oakland if …
Blackstone Is Moving Back Into Rental Homes With Tricon Deal
The Wall Street Journal, Jan. 19, 2024-Ryan DezemberShares of America’s biggest suburban landlords are up today after Blackstone said it would pay $3.5 billion for Tricon Residential, which owns about …
WeWork Wrestles to Amend Leases as Landlords Seek Clarity on Restructuring Plan
The Wall Street Journal Pro, Jan. 22, 2024-Akiko MatsudaWeWork entered bankruptcy looking to reject or amend leases that were fueling billions of dollars in losses at the flexible-workspace company. But …
There’s Finally Hope for the Office Real Estate Market
Bloomberg News, Jan. 11, 2024-Natalie WongSoaring borrowing costs and plunging prices walloped the global commercial-property market last year. Now, more clarity around values and an urgent need to address looming …
Just 4% of CEOs Are Prioritizing Bringing Workers Back Into the Office Full Time
CNN, Jan. 10, 2023-Ramishah MarufHybrid? Full-time? Flexible schedule? Fully remote? Remote optional? Shortened work weeks? The return-to-office debate isn’t going away — but one aspect may be coming to a …
Why This Is a Good Year to Be a Renter, in Three Charts
The Wall Street Journal, Jan. 11, 2024-Veronica Dagher and Stephanie StammFamilies could finally catch a break on one of the biggest bills they might pay each month: the rent.Click here for …