The Hill, Mar. 9, 2023–Aris Folley, Alex GangitanoThe request details a set of ambitious proposals from the White House, ranging from plans to extend the lifetime of programs like Medicare, …
Category: Top National News
Retailers Are Following Workers Out of City Centers
GlobeSt.com, March 9, 2023–Jack RogersCity economies already coping with a post-pandemic reality of downtowns full of obsolete older office buildings now are facing a migration of major retail brands, who …
Continued Confidence in Industrial Real Estate Despite Headwinds
Wealth Management Real Estate, March 9, 2023–Beth Mattson-TeigDespite strong fundamentals that are continuing to position industrial as one of the most favored property sectors, rising capital costs and slowing economic …
Where Are the Women in Investment Sales?
Commercial Observer, March 7, 2023–David LevittWomen in commercial real estate, especially in New York, have made great strides, but in one niche of the industry they are in danger of …
Commercial Real Estate Has a ‘Shock Coming’ as Return-to-Office Plans Fall Short, CEO Says
CNBC, March 7, 2023–Hannah Ward-GlentonThere’s a “shock” coming for the commercial real estate industry, but the opportunities ahead are huge, according to Mark Dixon, CEO of flexible office company IWG.https://www.cnbc.com/2023/03/07/iwg-ceo-says-commercial-real-estate-has-a-shock-coming.html
Jerome Powell Says Fed Is Prepared to Speed Up Interest-Rate Rises
Wall Street Journal, Mar. 7, 2023–Nick Timiraos (subscription)Federal Reserve Chair Jerome Powell opened the door to a larger half-point interest-rate increase this month and said officials are likely to lift …
Hotel-Branded Residences Thrive During Housing Market Downturn
Wall Street Journal, Mar. 6, 2023–Kate King (subscription)Higher mortgage rates and recession fears have upended the high-end housing market, but buyers are still paying up for residences affiliated with luxury …
Fannie Mae Launches Survey to Make Multifamily Properties Greener
Mortgage Professional America, Mar. 2, 2023–Candyd MendozaThe survey partners include Conservice, CRE Finance Council, Enterprise Community Partners, Mortgage Bankers Association, National Apartment Association, National Council of State Housing Agencies, National …
Amazon Says It is Pausing Construction on HQ2
Washington Post, Mar. 3, 2023–Teo Armus, Rachel LermanAmazon will pause construction at the second headquarters it is building in Arlington, the company confirmed Friday, a major setback for the e-commerce …
American Dream Mall Owes NJ Town $8 Million, Lawsuit Says
Bloomberg, Mar. 6, 2023–Martin Z. BraunA New Jersey town sued the American Dream mall and entertainment complex over its refusal to make about $7.5 million in property tax-like payments and …