GlobeSt.com, Apr. 20, 2023–Jack RogersCommercial real estate legend Sam Zell told an audience full of NYU grad students on Wednesday that if they want to have successful careers in commercial …
Category: Top National News
Sam Zell Thinks Workers Will Return to the Office
GlobeSt.com, Apr. 20, 2023–Jack RogersCommercial real estate legend Sam Zell told an audience full of NYU grad students on Wednesday that if they want to have successful careers in commercial …
The Credit Crunch That’s Strangling Commercial Real Estate
Seeking Alpha, Apr. 19, 2023–Andrew NelsonThe next recession was supposed to be different for commercial real estate–less painful, less focused on CRE. But recent events are challenging that view.https://seekingalpha.com/article/4594926-credit-crunch-strangling-commercial-real-estate
California Pension Fund Writing Down $52B CRE Portfolio
GlobeSt.com, Apr. 19, 2023–Jack RogersThe $306-billion California State Teachers’ Retirement System pension fund, known as Calstrs, bet big on real estate and now plans to trim 20% off office valuations.https://www.globest.com/2023/04/19/california-pension-fund-writing-down-52b-cre-portfolio/?
Analysis: Banking Crisis Scars Struggling U.S. Real Estate Stocks
Reuters, Apr. 19, 2023–Lewis KrauskopfU.S. real estate stocks are struggling this year after a rough 2022, as fears that banks will tighten lending standards pile pressure on a sector already …
Missing Middle and Other Multifamily Musings
Multi-Housing News, Apr. 17, 2023–Lew SichelmanThe for-sale housing sector often speaks about the so-called “missing middle,” that segment of the market that nobody seems to satisfy. But the multifamily wing …
CREW Launches New Survey Focused on CRE Women’s Global Market Perspectives
ConnectCRE, Apr. 18, 2023–Paul BubnyJust 23% of women in the industry are optimistic about the direction of the global economy in the first quarter of 2023, with a slightly larger …
Commercial Mortgage Banking Activity Dropped Off Slightly in 2022
MortgageOrb, Apr. 13, 2023–Michael BatesThe Mortgage Bankers Association’s 2022 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation shows that total commercial real estate mortgage borrowing and lending equaled $816 billion …
How California’s Newest Housing Laws Could Affect Housing Production
Planetizen, Apr. 13, 2023–Diana IonescuWhile it’s too soon to assess the full effects of recently passed legislation on housing production in the state, planners and housing advocates express cautious optimism …
Weak Retail Sales, Manufacturing Output Data Point to Slowing U.S. Economy
Reuters, Apr. 14, 2023–Lucia MutikaniU.S. retail sales fell more than expected in March as consumers cut back on purchases of motor vehicles and other big-ticket items, suggesting that the economy …