Washington Post/Bloomberg, Apr. 4, 2023–Jonathan LevinThe U.S. office market faces a tough road ahead. Corporate tenants are considering scaling back, higher interest rates are hurting valuations and many property owners …
Category: Top National News
The NYC Landlord Who Says the ‘Golden Age’ of Being a Landlord Is Over
Bloomberg Odd Lots podcast, Apr. 3, 2023–Joe Weisenthal, Tracy AllowayFor the most part, being a landlord, particularly in a major city, has been a good business to be in. Rents …
Apartment Building Sales Drop 74%, the Most in 14 Years
Wall Street Journal, Apr. 4, 2023–Will Parker (subscription)Sales of rental apartment buildings are falling at the fastest rate since the subprime-mortgage crisis, a sign that higher interest rates, regional banking …
Are Offices Truly Worth as Little as REITs Imply?
Washington Post/Bloomberg, Apr. 4, 2023–Jonathan LevinThe U.S. office market faces a tough road ahead. Corporate tenants are considering scaling back, higher interest rates are hurting valuations and many property owners …
CMBS Issuance During 1Q Drops to Levels Not Seen Since 2012
Commercial Real Estate Direct, April 3, 2023 (subscription)Commercial Real Estate Direct Staff Report Domestic, private-label CMBS issuance during the first quarter totaled a mere $5.98 billion – 12 percent less …
Can New York Fix Its Housing Crisis? It Depends on the Suburbs
New York Times, Mar. 29, 2023–Mihir Zaveri, Luis Ferré-Sadurní, Michael D. ReganThe New York governor’s quest to force suburbs around New York City to build more housing is meeting with …
The Role of ADUs in Easing America’s Housing Crisis
Governing magazine, April 3, 2023–Emily HamiltonNew research says accessory dwelling units help can ease housing shortages and affordability challenges.https://www.governing.com/community/the-role-of-adus-in-easing-americas-housing-crisis
The Role of ADUs in Easing America’s Housing Crisis
Governing magazine, April 3, 2023–Emily HamiltonNew research says accessory dwelling units help can ease housing shortages and affordability challenges.https://www.governing.com/community/the-role-of-adus-in-easing-americas-housing-crisis
CityLab Daily: A Blueprint for Reimagining Public Housing Redevelopment
Bloomberg, Apr. 3, 2023–Linda PoonHolland Gardens, a deteriorating 80-year-old public housing complex in Jersey City, N.J., could soon get a sleek makeover that leverages the city’s hot housing market. A …
San Francisco Office Vacancies Approach 30%
GlobeSt.com, Apr. 03, 2023–Jack RogersThe “ghost town” stories about downtown San Francisco are going to persist as the year unfolds: nearly a third of the offices in the Golden Gate …