New York Times, Apr. 25, 2023–Matthew HaagRemote work and rising interest rates are dealing a double blow to office landlords, with potentially grave consequences for the city and even national …
Category: Top National News
Commercial Real Estate Loans in Core Europe Face $55 Billion Funding Gap, Report Says
Reuters, Apr. 25, 2023–Chiara EliseiAround one in five loans backing commercial real estate in Britain, France and Germany that fall due between now and 2025 are likely to face refinancing …
US Banks Worry Commercial Real Estate Valuations May Pose Broader Economic Consequences
The Registry, Apr. 25, 2023–Vladimir BosanacU.S. banks are growing increasingly concerned about the drop in commercial property valuations and the possible risk to lenders’ balance sheets, some senior executives worry. …
On Climate Change, We Got 99 Solutions; Gotta Try Every One
MSCI podcast, Apr. 24, 2023The news on our progress toward climate change and biodiversity goals was not great as Earth Day 2023 approached. But there were some bright spots, including …
St. Paul Wants More ‘Missing Middle’ Housing. Will it Make the City a More Affordable Place to Live?
Minneapolis Post, Apr. 21, 2023–Kyle StokesFor now, St. Paul, Minnesota’s zoning code doesn’t allow duplexes, triplexes and fourplexes in most neighborhoods, limiting 72% of the city’s residential land to single-family …
Bed, Bath & Beyond Plans to Swiftly Liquidate, Shutter Stores
Bloomberg, Apr. 23, 2023–Sarah Holder, Jeremy HillApril 23, 2023 at 1:55 PM EDTBed Bath & Beyond Inc., the big-box retailer that for decades provided essential shopping for college dorms, wedding …
Commercial Real-Estate Woes Run Deeper Than in Past Downturns
Wall Street Journal, Apr. 24, 2023–Konrad Putzier (subscription)Commercial real estate has experienced its share of busts in recent decades. This one is different.https://www.wsj.com/articles/commercial-real-estate-woes-run-deeper-than-in-past-downturns-e0c1f2b3?
Decarbonizing Cities Starts With Our Buildings
Commercial Property Executive, Apr. 20, 2023–Brenden McEneaneyJLL’s Brenden McEneaney discusses the opportunities that lie in future-proofing commerical real estate buildings.https://www.commercialsearch.com/news/decarbonizing-cities-starts-with-our-buildings/
Commercial, Multifamily Mortgage Delinquencies Rise in 1Q
National Mortgage News, Apr. 20, 2023–Brad Finkelstein (subscription)Commercial and multifamily mortgage delinquencies rose in the first quarter compared with the prior three month period, a result of the continued turbulence …
Amazon HQ2 Was Thought Up Pre-Pandemic. But the World is Hybrid Now.
Washington Post, Apr. 20, 2023–Teo ArmusAmazon’s second headquarters was supposed to supercharge its new neighborhood in northern Virginia. But as the tech company requests its first subsidies from Virginia, construction …