Multi-Housing News, June 7, 2023–Lew SichelmanElectric vehicle charging stations are the latest iteration of the old apartment building laundry room, according to a speaker on the “Plugging In” panel, moderated …
Category: Top National News
Renters By Choice Lead Urban Return
Multi-Housing News, June 7, 2023–Lew SichelmanColumnist Lew Sichelman discusses changing preferences for senior renters showcased at the National Association of Real Estate Editors.bit.ly/3J7qZ9d
Half of Large Firms Plan to Cut Office Space, Knight Frank Says
Bloomberg, June 6, 2023-Jack Sidders (subscription)Many of the biggest corporate employers plan to reduce the amount of office space they occupy over the next three years, underlining the changes set …
Private Lenders Could Gain Steam in Apartment Refinancing As Traditional Sources Dry Up
CoStar News, June 6, 2023–Richard Lawson, Mark Heschmeyer Alternative lenders could end up carving out a bigger niche among apartment owners as traditional bank routes have narrowed for refinancing loans. …
Interest-Only Loans Helped Commercial Property Boom. Now They’re Coming Due
Wall Street Journal, June 6, 2023- Konrad Putzier (subscription)Nearly $1.5 trillion in commercial mortgages are coming due over the next three years, according to data provider Trepp. Many of the …
Investors are Building a Record Number of Homes Solely to Rent Out. Will This Hurt Aspiring Homeowners?
MarketWatch, June 5, 2023–Aarthi SwaminathanAs aspiring homeowners contend with high mortgage rates, rising home prices and a low number of homes for sale, the construction of single-family homes built deliberately …
Residential Real Estate Activity Picks Up Despite Low Inventory
HousingWire, June 6, 2023-Connie Kim (subscription) All 12 Federal Reserve districts have seen issues with a lack of housing inventory, which is largely due to existing homeowners holding back on …
Sunbelt Construction Boom Threatens Top Apartment Building Owners
Wall Street Journal, June 5, 2023-Will Parker (subscription)Historic numbers of new rental apartments opening over the next 18 months are poised to decrease profits for the largest publicly traded landlords, …
FHFA Moves Ahead With Biden Administration’s Renter Rights Program
GlobeSt.com, June 2, 2023–Erik ShermanSince January, the Biden administration has been pushing for a program to establish a renter bill of rights “to increase fairness in the rental market and …
Asking Rate Growth for Seniors Housing at Near-Record High
GlobeSt, June 2, 2023-Richard BergerThe National Investment Center for Seniors Housing & Care has reported that asking rates are at near-record highs on a year-over-year basis for all three care …