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
Category: Top National News
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.
How Biden’s Team Plans to Unlock More Office-to-Apartment Conversions
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.
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 …