San Jose Mercury-News, Oct. 16, 2023–Kate TalericoCalifornia Governor Gavin Newsom signed over 50 housing bills meant to increase the production of housing and protect tenants.Click here for more.
Category: Top National News
The “Urban Doom Loop” Could be Coming to a City Near You
Washington Post “Post Reports” podcast, Oct. 11, 2023–Rachel SeigelIn this podcast, the Post’s Rachel Seigel takes us on an economic journey through the “urban doom loop” of empty office buildings …
Housing Industry Pleads With Biden Administration to Narrow the Mortgage Spread
HousingWire, Oct. 12, 2023–Connie KimThe Treasury Department should buy MBS and amend the GSE PSPAs, a coalition of trade groups says. (MBA mention)Click here for more.
‘Enormous’ Amount of Capital on Sidelines Means Now Is Time to Buy Multifamily
GlobeSt.com, Oct. 17, 2023–Richard BergerWith strong fundamentals, new construction starts and a sizeable amount of capital on the sidelines, “now is the right time to buy” in multifamily, according to …
Office Vacancies Have Soared to a 20-Year High, Showing Just How Tough It Is to Get Workers to Return
Insider, Oct. 10, 2023-Hasan Chowdhury CEOs may want workers back at their desk, but it seems many offices are staying stubbornly empty.Click here to read
U.S. Universities and Colleges Face a Huge Demand for On-Campus Housing
NPR, Oct. 10, 2023-Maya FawazThe housing crisis has prompted many schools to get creative. For example: turning single-occupancy rooms into doubles and doubles into triples, or study rooms into bedrooms.Click …
Amazon Caught Between Retail Troubles and the FTC
Seattle Times, Oct. 9, 2023–Lauren RosenblattAmazon may have found a use for all its extra warehouse space — but regulatory scrutiny could come with it.Click here for more.
Retailers Challenged by Lack of Space, Cost of Construction
GlobeSt.com, Oct. 9, 2023–Richard BergerA lack of new retail spaces, high construction costs, and competition for what is available are challenging retailers.Click here for more.
What the New Jobs Report Means for CRE
Commercial Property Executive, Oct. 6, 2023–Jordana RothbergThe labor market is still very robust, but it’s not as hot as it was a year ago, said Matt Mowell, senior managing economist …
Colleges Snap Up Unused Office Space in a Slumping Market
New York Times, Oct. 3, 2023As companies with hybrid work forces reduce square footage, universities see an opportunity to buy buildings at bargain prices.Click here for more. (subscription)