Axios, Oct. 31, 2023–Sami SparberThe Biden administration has a new plan to turn more empty office spaces into housing, officials announced Friday.Click here for more.
Category: Top National News
This Old-School Building Material Could Take Over City Skylines
Washington Post, Nov. 1, 2023–William BoothBuilding codes are being rewritten in Europe and the United States to accommodate big wooden structures. And trailblazing architects and engineers — and their early-adopter …
Second Home Sales Slide in Pandemic-Era Vacation Hot Spots
Reuters/Street Insider, Oct. 30, 2023–Amina NiasseU.S. vacation home sales have fallen by nearly three-quarters from their frenzied pace three years ago as an inventory shortage spawns a wrenching correction in …
Q3 2023 Quarterly Data Review: Historic Volumes of Maturities as Office Troubles Persist
Commercial Real Estate Direct’s Quarterly Data Review Magazine, Oct. 31, 2023An estimated $2.78 trillion of CRE loans will mature by 2027, according to an analysis by Trepp based on the …
The Money Has Stopped Flowing in Commercial Real Estate
The Wall Street Journal, Oct. 31, 2023-Peter GrantCommercial real-estate lending is shrinking to historically low levels, threatening a rise in defaults on expiring debt and a sharp decline in new …
Strip Malls Are the New King of Retail Real Estate
The Wall Street Journal, Oct. 30, 2023-Kate KingA major shopping-center owner is spinning off all its strip malls into a new publicly traded company, indicating that this property type is …
A Tough Year for Commercial Real Estate: MBA Predicts Steep Fall in Originations
MPA, Oct. 27, 2023-Candyd MendozaThe Mortgage Bankers Association (MBA) recently updated its forecast, signaling a significant downturn in commercial and multifamily mortgage borrowing and lending for this year.Click here for more
Industry Leaders Applaud Biden’s Plans to Transform Empty Offices Into Homes
MPA, Oct. 30, 2023-Candyd MendozaThe White House’s plan to repurpose commercial properties into residential units as a solution to the housing crisis has sparked a wave of reactions across the …
White House Touts Support for Commercial-to-Residential Conversions
National Mortgage News, Oct. 30, 2023-Spencer LeeThe Biden administration provided updates to its housing supply action plan on Friday to emphasize its support of converting vacant commercial properties to affordable …
How the Multifamily Industry Survived 2023
GlobeSt.com, Oct. 23, 2023–Natalie DolceThere was a brief window in which borrowers were able to shift to five-year fixed-rate loans but mainly it has been a volatile year.Click here for …