Washington Post, Mar. 30, 2023–Tara BahrampourThe exodus of people fleeing large urban areas during the height of the pandemic appears to be reversing, according to data from the Census Bureau …
Category: Top National News
Hotel Executives Unrattled By Bank Collapses
Hotel News Now/CoStar, March 25, 2023–Trevor SimpsonThe collapse of Silicon Valley Bank and Signature Bank, and its potential impact on the hotel industry, garnered the most attention on the first …
SitusAMC On the Hill podcast: Diana Olick
On the Hill podcast, Mar. 30–Tim RoodIn this episode of On the Hill, Tim Rood talks with Emmy Award-winning journalist Diana Olick, who serves as CNBC’s senior real estate correspondent. …
The Last Time CRE Returns Were This Negative It Was the GFC
GlobeSt.com, Mar. 23, 2023–Courtney FingarOverall CRE returns declined by 3.5% in the last quarter of 2022, taking them into negative territory for the first time since the onset of the …
MBA’s Broeksmit: Media Coverage of CRE and Financial Stress Doesn’t Capture “the Complete Picture”
ConnectCRE, Mar. 28, 2023–Paul BubnyMortgage Bankers Association President and CEO Bob Broeksmit, CMB, said recent media coverage of uncertainty in commercial real estate markets hasn’t always provided an accurate picture. …
Work From Home Has Downtowns Empty. A Solution? Live in a Former Office.
Washington Post, Mar. 27, 2023–Linda Chong, Erica WernerBrutal housing costs and empty office buildings are pushing San Francisco and other cities to try to turn them into homeshttps://www.washingtonpost.com/us-policy/2023/03/27/work-home-has-downtowns-empty-solution-live-former-office/
Some Silver Linings Ahead in 2023: CREW Network Survey
CommercialSearch, Mar. 27, 2023–Barbra MurrayA significant number of women in commercial real estate recorded positive activity in 2022 and many have an optimistic outlook for certain sectors in 2023, according …
The Initial Banking Crisis is Easing. Another May be Around the Corner.
Washington Post, March 27, 2023–Jeff SteinFederal authorities still grappling with the banking crisis caused by the collapse of Silicon Valley Bank are already beginning to worry about the next potential …
Commercial Real Estate Drops in Value as Higher Interest Rates Make Borrowing Costs Higher
CNBC, Mar. 27, 2023–Diana OlickCNBC’s Diana Olick looks at commercial real estate values. (MBA mention)https://www.cnbc.com/video/2023/03/27/commercial-real-estate-drops-in-value-as-higher-interest-rates-make-borrowing-costs-higher.html?
Biden Asked to Exempt Housing Programs From Buy America Rule
National Mortgage News, March 27, 2023–Brad Finkelstein (subscription)A group of affordable housing advocates are calling on the Biden Administration to specify that the Build America, Buy America Act does not …