GlobeSt.com, Nov. 13, 2023—-Erika MorphyEverywhere you look, there is pain for the commercial real estate industry. By now we understand the path that got us here. The only question executives …
Category: Top National News
Liquidity Gridlock Worsens in U.S. Commercial Real Estate Sector
Reuters, Nov. 8, 2023-Shankar RamakrishnanPrivate lenders, in pole position as high interest rates leave them as the sole option for many in the commercial real estate market (CRE), are turning …
Annual Commercial Mortgage Originations Down Nearly 50%
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 …
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 …