Commercial Property Executive, October 23, 2023–Lew SichelmanWhen the dust clears on 2023, lending and borrowing in the commercial real estate market will be roughly half what it was in 2022. …
Category: Top National News
How WeWork’s Bankruptcy Would Ripple Through Commercial Real Estate
Commercial Observer, Oct. 23, 2023-Mark HallumIs WeWork (WE) in danger of becoming WeWorked?Click here for more (subscription)
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 …
Upswing in Office Delinquencies Add to Commercial Real Estate Distress
MPA, Oct. 23, 2023-Candyd MendozaMortgage delinquency rates for commercial and multifamily properties rose for the fourth consecutive quarter, with office delinquencies driving the increase in the third quarter.Click here for …
There’s Never Been a Worse Time to Buy Instead of Rent
The Wall Street Journal, Oct. 22, Carol RyanGetting on the property ladder has rarely been tougher for first-time buyers. But a tight housing market isn’t turning out to be a …
1 Big Thing: How the Fed Chief Interprets the Bond Rout
Axios, Oct. 20-2023-Neil IrwinLate yesterday, the benchmark 10-year U.S. Treasury yield surpassed 5% for the first time since 2007 (it has since retreated a bit). Today, we go deep on Federal …
Comic: Houses Are Too Expensive. Apartments Are Too Small. Is This a Fix?
The Washington Post, Oct. 20, 2023-Teo Armus and Yifan LuoFor the past several decades, the vast majority of homes built in the United States fit one of two categories: big …
America’s Downtowns Are Empty. Fixing Them Will Be Expensive.
Wall Street Journal, Oct. 21, 2023–Konrad PutzierLonely sidewalks and closed storefronts inspire proposals to recast office districts into neighborhoods where people live, work and raise families.Click here for more. (subscription)
Opinion: Cities Try Every Tool to Fix the Housing Crisis Except What Works
Washington Post, Oct. 20, 2023–Catherine RampellLet’s do all the things to fix the housing crisis except the ones that work. That seems to be the mantra of some big blue …
How 100,000 Apartments in New York City Disappeared
The New York Times, Oct. 19, 2023-Mihir ZaveriAbout a decade ago, Timon Malloy encountered a problem familiar to families trying to raise two children in New York City: His apartment …