The Wall Street Journal, Dec. 13, 2023-Dylan BurzinskiThe Covid-19 pandemic may be largely in the rearview mirror, but there is at least one area of the economy that remains ill: …
Category: Top National News
Median Rents in Manhattan Drop for the First Time in More Than Two Years
Weekly Real Estate News, Dec. 18, 2023–Phil HallThe median rent in Manhattan dropped year-over-year for the first time in 27 months, according to data from Douglas Elliman and Miller Samuel …
The Great American Warehouse Building Boom Is Over
The Wall Street Journal, Dec. 18, 2023-Konrad PuzierHigher interest rates are choking off construction of warehouses that feed America’s growing e-commerce appetite, putting an end to a building boom that …
Investor Appetite for Retail Real Estate Is Heating Up Again
The Wall Street Journal, Dec. 19, 2023-Kate KingBig investment firms that have shunned retail real estate for years are giving the sector a fresh look, the latest sign that this …
Investor Appetite for Retail Real Estate Is Heating Up Again
The Wall Street Journal, Dec. 19, 2023-Kate KingBig investment firms that have shunned retail real estate for years are giving the sector a fresh look, the latest sign that this …
The Office Market Had It Hard in 2023. Next Year Looks Worse.
The Wall Street Journal, Dec. 19, 2023-Peter GrantOffice building owners, hammered by falling demand and high interest rates, struggled in 2023. But they mostly managed to stay afloat. That is …
As Offices Sit Empty and Housing Costs Soar, Some Texas Developers Are Converting Workspaces Into Apartments
Texas Tribune, Dec. 6, 2023-Joshua FechterDALLAS — From an 18th-floor apartment smack dab in the middle of downtown, a renter sipping coffee at a quartz countertop would have a view …
These S.F. Office Buildings Are the Top Candidates to Convert to Housing
San Francisco Chronicle, Dec. 6, 2023-J.K. DineenCity planning officials have approved San Francisco’s first post-pandemic office-to-residential conversion, and a new report from Moody’s Analytics suggests that 13% of the city’s …
Apartment REITs See Silver Lining as High Mortgage Rates Force Tenants to Stay Put
Reuters, Dec. 7, 2023-Anata AgarwalReal estate investment trusts (REITs) that own and manage apartments are expected to see a bump in their revenue from a rise in renewed leases and …
Commercial Delinquencies Increase Has Nuances by Sector
National Mortgage News, Dec. 8, 2023-Bonnie SinnockCommercial mortgage delinquencies are increasing regardless of investor type, according to the Mortgage Bankers Association’s most recent quarterly report.Click here for more (subscription)