The New York Times, Nov. 17, 2023-Matthew HaagFor all the talk about converting New York City’s languishing office buildings into housing, just one neighborhood has done it on a large …
Category: Top National News
Office Landlords Can’t Get a Loan Anymore
Wall Street Journal, Nov. 20, 2023–Konrad PutzierThe office sector’s credit crunch is intensifying. By one measure, it’s now worse than during the 2008-09 global financial crisis.Click here for more. (subscription)
Office Stocks Post Biggest Rally in Three Years. Their Real-Estate Problems Remain.
The Wall Street Journal, Nov. 21, 2023-Peter GrantShares of battered down office landlords had their biggest one-day rally in three years last week, after inflation data came in lower than …
Owners Keep Zombie Malls Alive Even When Towns Want to Pull the Plug
Wall Street Journal, Nov. 26, 2023–Kate KingAging malls often take a long time to expire, but they can remain valuable assetsClick here for more. (subscription)
The Looming Office Space Real Estate Shortage. Yes, Shortage
CNBC, Nov. 26, 2023-Eric RosenbaumThere is more pain to come in the office real estate market across the U.S., with maturing debt needing to be refinanced and a wave of …
Beyond the Headlines: How COVID Impacted Commercial Real Estate
Wealth Management Real Estate, Nov. 27, 2023–Thomas FoleyIt was clear prior to the pandemic investors felt strongly that real estate was a less correlated asset class in portfolios.Click here for more.
Seniors Housing Performing Better Than Pre-Pandemic
GlobeSt, Nov. 27, 2023-Richard BergerSeniors housing’s recovery is powering ahead of pre-pandemic performance numbers, according to a new report from Marcus & Millichap.Click here for more
When Will the CRE Pain Stop? This Economist Says He Knows
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 …
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 …