Vox.com, March 1, 2023–Rachel M. CohenFor decades, the US has built fewer homes than it needs — a trend that has led to soaring rent and home prices, hurt economic …
Category: Top National News
2023 Could be Year Apartment Owners Compete for Renters
GlobeSt.com, March 1, 2023–Paul BergeronFebruary marked a return to positive rent growth–albeit by just 0.3 percent nationally–after five straight month-over-month declines, according to the March 2023 Rent Report from Apartment …
Apartment Rents Fall as Crush of New Supply Hits Market
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 …
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/?