MPA, Nov. 9, 2023-Candyd MendozaCommercial and multifamily mortgage loan originations took a hit in the third quarter of 2023, according to the Mortgage Bankers Association’s (MBA) latest survey findings.Click here for …
Category: Top National News
The Clearest Sign Yet That Commercial Real Estate Is in Trouble
The Wall Street Journal, Nov. 13, 2023-Konrad PutzierForeclosures are surging in an opaque and risky corner of commercial real-estate finance, offering one of the starkest signs yet that turmoil in …
Apartment Rents Drop Even in High-Flying Markets
GlobeSt, Nov. 14, 2023-Philippa MaisterFlorida, once the highest-flying state in the U.S. for apartment rent increases, is now seeing rents fall in many cities while rents rise in the U.S. …
Analysis: WeWork’s Troubles Darken Outlook for Embattled Office Market
Reuters, Nov. 3, 2023-Sinead CruiseThe troubles faced by co-working titan WeWork are darkening the outlook for the world’s largest business hubs, where rising office vacancies are already heaping pressure on …
Turning Empty Offices into Apartments Is Getting Even Harder
The Wall Street Journal, Nov. 6, 2023-Konrad Putzier and Will ParkerCities hoping to convert emptying office buildings into apartments are running into financing issues, stagnating rental markets and other challenges …
The Slow-Motion Crisis in Commercial Real Estate
Bloomberg News, Nov. 6, 2023-Jack SiddersBack when money in the bank was yielding almost nothing, commercial real estate became a haven for investors in need of reliable returns.Click here for more …
Developers Eyeing Biden’s Office-to-Apartment Conversion Initiative
Spectrum News 1, Nov. 6, 2023-Joseph PimentelPresident Joe Biden’s initiative to convert more office buildings into multifamily apartments has some local housing developers cautiously optimistic about the plan.Click here for more
Renters Get a Bit of Relief on Surge in Apartment Construction
Bloomberg News, Nov. 6, 2023-Michael SassoRenters in some of the fastest-growing U.S. cities are finally getting some relief after a few years of dizzying increases as developers roll out droves …
Signature Loan Sale Likely to Lower Commercial-Property Values
The Wall Street Journal, Nov. 7, 2023-Peter Grant and Will ParkerThe sale of Signature Bank’s $33 billion in commercial-property loans and other assets is expected to attract bids as much …
What Are the Options for Real Estate Owners Facing Loan Defaults
Wealth Management Real Estate, Oct. 31, 2023–Harold BordwinOwners facing challenges today have several restructuring options, but it’s critical to get guidance.Click here for more.