Commercial Property Executive, March 23, 2023–Gabriel FrankIn terms of both immediate and long-term consequences, a broad consensus is that the Fed’s recently announced interest rate hike will add to as …
Category: Top National News
Bank Crisis Could Cast Pall Over Commercial Real Estate Market
New York Times, March 22, 2023–Matthew Goldstein (subscription)The fallout from the recent banking crisis spurred by the collapse of two banks — and concerns about the health of a third …
Real Estate Investor Run on Signature Bank Helped Fuel Its Demise
Wall Street Journal, March 15, 2023–Konrad Putzier, Peter Grant (subscription)A rush by New York City real estate investors to yank money out of Signature Bank last week played a significant …
Real Estate Investor Run on Signature Bank Helped Fuel Its Demise
Wall Street Journal, March 15, 2023–Konrad Putzier, Peter Grant (subscription)A rush by New York City real estate investors to yank money out of Signature Bank last week played a significant …
Small Banks’ Big Problem: Too Many Commercial Real Estate Loans
Barrons, March 17, 2023–Randall W. ForsythFor now, steps by the Treasury, the Fed, and the megabanks to shore up smaller banks and stop the deposit hemorrhages have staved off a …
Multifamily Plays the Rent Growth Waiting Game
GlobeStreet.com, March 17, 2023–Erik ShermanThe pandemic set off an unusual time in multifamily. Rents drove upward, responding to increased prices, and things moved very fast. But with the shifts of …
A Landlord Got a Low Appraisal. He Is Black, and So Are His Tenants
New York Times, Mar. 18, 2023–Debra KaminHis allegations of discrimination mirror those of other Black property owners around the country who say that appraisers who are white are using their …
Is Apartment-phobia Driving America’s Housing Crisis?
New York magazine, March 20, 2023–Eric LevitzThe United States is very good at sabotaging itself through policy errors. But few of our nation’s governing failures are as simultaneously needless and …
Where Stress Is Showing in the $20 Trillion Commercial Real Estate Market
Bloomberg podcast, March 20, 2023–Joe Weisenthal, Tracy AllowayMarkets are suddenly on edge due to strains in the financial system. But banks aren’t the only source of stress. Pockets of the …
SVB Collapse Disrupting Bay Area Affordable Housing Projects
GlobeStreet.com, March 20, 2023–Jack RogersThe collapse of Silicon Valley Bank is disrupting affordable housing projects across the Bay Area—where the shuttered bank was the primary lender to non-profits.https://www.globest.com/2023/03/20/svb-collapse-disrupting-bay-area-affordable-housing-projects/?