The Lede
Top National News
GOP Rep. Jeb Hensarling to Retire After End of Current Term
The Hill, Oct. 31, 2017--Sylvan LaneHensarling, R-Texas, chairman of the House Financial Services Committee, will be forced to step down after three terms leading the panel due to GOP rules.
Full Story
Rent Growth Slows Down in the SFR Sector
National Real Estate Investor, Oct. 30, 2017--Bendix AndersonWhile owners of single-family rental properties are still raising rents, they are not doing so as quickly as they had over the last few years.
Full Story
Rent Is Eating Up a Record Share of Americans’ Disposable Income
Bloomberg, Oct. 30, 2017--Matthew BoeslerIf it feels like the rent keeps going up, you're not alone: The share of U.S. disposable income that went toward such spending totaled 3.81 percent in the third quarter, marking the highest share in data going back almost six decades.
Full Story
MBA President: GSE Reform is Within Reach
Scotsman Guide, Oct. 27, 2017--Victor Whitman"Actions may take shape that will motivate members of Congress, particularly on the Senate Banking Committee, which I think is the most important voice on the subject to begin moving forward," said MBA President and CEO David Stevens, CMB.
Full Story
Mall Owners Work to Reclaim Retail Wasteland With Public Money
Bloomberg, Oct. 30, 2017--Sarah MulhollandTo draw consumers with experiences they can't find online, retail-property owners are slashing the amount of space dedicated to stores and are spending on everything from hotels and apartments to upscale restaurants and skating rinks.
Full Story
Rising Rents Are Pushing More Tenants Past the Breaking Point
Bloomberg, Oct. 26, 2017--Patrick ClarkRents have increased rapidly across U.S. housing markets as the share of renting households has risen faster than the number of new units. Now, in a survey published Thursday by an apartment-listing service, nearly one in five respondents reports struggling to make the monthly payments.
Full Story
Trump to Tap Fed’s Jerome Powell for Fed Chairman
Wall Street Journal, Nov. 1, 2017--Kate Davidson, Peter Nicholas, David Harrison (subscription)The White House has notified Federal Reserve governor Jerome Powell that President Donald Trump intends to nominate him as the next chairman of the central bank.
Full Story
Banks Remain Stingy With Construction Dollars
National Real Estate Investor, Nov. 1, 2017--Beth Mattson-Teig Over the past two years, banks wary of taking on construction risk have lowered leverage, increased rates and applied more conservative underwriting.
Full Story
Dealmaker of the Week
People in the News
News and Trends
MBA Forecasts Commercial/Multifamily Originations Flat in 2018
Commercial and multifamily mortgage originations should increase in 2017 to end the year at $515 billion--up 5 percent from 2016--the Mortgage Bankers Association projected. Volumes should remain at roughly that level in 2018 as well.
Full Story
NNNet Advisors: Squeeze on Net Lease Investors Continues
Cap rate compression in the single-tenant net lease sector continued in the third quarter as both median and average cap rates reached record lows, reported NNNet Advisors, Los Angeles.
Full Story
Hotel Pipeline Grows, Daily Rate Growth Slows
U.S. hotel rooms under construction grew 5.7 percent on a yearly basis through September, reported STR, Hendersonville, Tenn.
Full Story
El-Erian Looks Ahead in an ‘Uncertain’ World
DENVER--Business people need resilience and optionality to succeed in the current "uncertain" world, said Mohamed El-Erian, Chief Economic Advisor with Allianz, Munich, Germany at the recent Mortgage Bankers Association's Annual Convention & Expo.
Full Story
Freddie Mac Finds ‘Widening’ Affordable Rental Shortfall
The already-acute shortfall of affordable rental apartments has widened "considerably" over the past six years, said Freddie Mac, McLean, Va.
Full Story
Coldwell Banker: Room to Improve Office Space
As employers seek to define the workplace perks most likely to attract and retain employees, Coldwell Banker Commercial Affiliates, Madison, N.J., said the physical office itself could keep staff happier.
Full Story
El-Erian Looks Ahead in an ‘Uncertain’ World
DENVER--Business people need resilience and optionality to succeed in the current "uncertain" world, said Mohamed El-Erian, Chief Economic Advisor with Allianz, Munich, Germany at the recent Mortgage Bankers Association's Annual Convention & Expo.
Full Story
Freddie Mac Finds ‘Widening’ Affordable Rental Shortfall
The already-acute shortfall of affordable rental apartments has widened "considerably" over the past six years, said Freddie Mac, McLean, Va.
Full Story
Coldwell Banker: Room to Improve Office Space
As employers seek to define the workplace perks most likely to attract and retain employees, Coldwell Banker Commercial Affiliates, Madison, N.J., said the physical office itself could keep staff happier.
Full Story
El-Erian Looks Ahead in an ‘Uncertain’ World
DENVER--Business people need resilience and optionality to succeed in the current "uncertain" world, said Mohamed El-Erian, Chief Economic Advisor with Allianz, Munich, Germany at the recent Mortgage Bankers Association's Annual Convention & Expo.
Full Story
Freddie Mac Finds ‘Widening’ Affordable Rental Shortfall
The already-acute shortfall of affordable rental apartments has widened "considerably" over the past six years, said Freddie Mac, McLean, Va.
Full Story
Coldwell Banker: Room to Improve Office Space
As employers seek to define the workplace perks most likely to attract and retain employees, Coldwell Banker Commercial Affiliates, Madison, N.J., said the physical office itself could keep staff happier.
Full Story
New York, Los Angeles Among World’s Largest Investment Markets
Tokyo, New York and Los Angeles represent the world's largest commercial real estate investment markets, with the global stock of investable assets standing at $27.5 trillion, reported CBRE and Cushman & Wakefield.
Full Story