The Lede

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Apartment Market Has Tepid Second Quarter
Wall Street Journal, June 27, 2017--Laura Kusisto (subscription)The national vacancy rate climbed to 4.4% for the quarter from 4.2% a year earlier, according to data released by Reis Inc. Nonetheless, average rents across the U.S. increased 3% year-over-year in the second quarter.
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High-Profile Deals Disguising Commercial Real Estate Market’s Anxiety
New York Post, June 27, 2017--Steve CuozzoManhattan's office market could be headed for trouble despite today's solid-seeming condition and euphoria over big chunks of space being gobbled up by marquee tenants at glamorous new towers.
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“Live Life” Despite Cancer
LinkedIn, June 27, 2017--David Stevens, CMBMBA President and CEO discusses his recent battle with cancer.
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Berkshire Hathaway Makes $377 Million Bet on Commercial Real Estate
Wall Street Journal, June 26, 2017--Nicole Friedman; Imani Moise (subscription)Warren Buffett's Berkshire Hathaway made its second big real estate bet in two weeks. Its investment in real estate investment trust Store Capital Corp. made it the REIT's third-largest shareholder.
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Sears Closing Another 20 Stores Amid Ongoing Sales Slide
Fortune, June 23, 2017--Phil WahbaYou can add another 20 Sears and Kmart stores to retail's graveyard.
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MBA: Lower Commercial and Multifamily Originations Forecasts
National Mortgage Professional, June 22, 2017--Phil HallThe Mortgage Bankers Association is forecasting the level of commercial and multifamily mortgage originations will end 2017 with a whimper instead of a bang.
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Emmitt Smith Parts Ways with E Smith Realty Partners
D Magazine, June 28, 2017--Lily CorralNFL Hall of Famer and founding partner Emmitt Smith is parting ways with the real estate firm that carries his name.
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