Wall Street Journal, Feb. 27, 2023–Will Parker (subscription)Apartment rents fell in every major metropolitan area in the U.S. over the past six months through January, a trend that is poised …
Category: Top National News
Commercial Real Estate Investors, Lenders Averse to Buying
Mortgage Professional America, Feb. 24, 2023–Tony CantuCBRE’s 2023 US Investor Intentions Survey released on Thursday reveals “subdued sentiment” among commercial real estate investors – with nearly 60% expected to purchase …
Despite Tech Layoffs and Housing Slowdown, San Francisco’s Real-Estate Market Creeps Back to Life
Wall Street Journal, Feb. 23, 2023–E.B. Solomont (subscription)Buyers who sat on the sidelines are slowly returning, as prices in the Bay Area fall to prepandemic normshttps://www.wsj.com/articles/san-francisco-real-estate-tech-layoffs-housing-slowdown-d8996d6f?
Multifamily Conversions Are Penciling Despite Challenges
GlobeSt.com, Feb. 23, 2023–Lynn PollackOffice to multifamily conversions have become a mainstream development option and even a specialized niche sector.https://www.globest.com/2023/02/23/multifamily-conversions-are-penciling-despite-challenges/?
Little Distress Likely For Multifamily As 2023 Continues
GlobeSt.com, Feb. 22, 2023–Lynn PollackMultifamily will likely experience little distress this year, despite a deceleration in debt origination since the beginning of 2022.https://www.globest.com/2023/02/22/little-distress-likely-for-multifamily-as-2023-continues/?
Turning Malls into Neighborhoods
Urban Land magazine, Feb. 28, 2023–Patrick J. KigerFrom apartment buildings rising in shopping center parking lots to the redevelopment of dead mall sites as housing, retail-to-residential conversions are an increasing …
Net Lease Will Likely Rebound Faster From Economic Slump
GlobeSt.com, Feb. 28, 2023–Holly Johnson AmayaThe Fed’s recent string of rate hikes have led to tough times for commercial real estate investors, even for the relatively stable net lease sector.https://www.globest.com/2023/02/23/net-lease-will-likely-rebound-faster-from-economic-slump/?
Multifamily Conversions Are Penciling Despite Challenges
GlobeSt.com, Feb. 23, 2023–Lynn PollackOffice to multifamily conversions have become a mainstream development option and even a specialized niche sector.https://www.globest.com/2023/02/23/multifamily-conversions-are-penciling-despite-challenges/?
How Hybrid Work Is Changing Offices of the Future
Wall Street Journal, Feb. 22, 2023–Ray A. Smith (subscription)Leading architects and real-estate developers are pioneering concepts aimed at workers who are splitting their time between home and office, and they …
Eastdil Secured To Trim 7% Of Workforce As Transactions Dry Up
Bisnow, Feb. 21, 2023–Jarred SchenkeNew York-based Eastdil plans to trim roughly 7% of its global workforce of more than 500 people, The Real Deal reports. The cuts are spread across …