The Lede

National Mortgage News, Sept. 11, 2017--Elina Tarkazikis (subscription)The Terrorism Risk Insurance Act was created after 9/11 to serve as a crucial federal backstop for commercial real estate insurers, but an analysis of alternatives to fund the program reveals the continued challenges of measuring and predicting terror risk.

Wall Street Journal, Sept. 11, 2017--Douglas Belkin, Shibani Mahtani (subscription)Now, after Hurricane Harvey killed at least 50 people and caused roughly $180 billion in damage, a battle is shaping up over how best to oversee real-estate development in Houston.

Bloomberg, Sept. 11, 2017--Gavin FinchLondon retained its crown as the world's top financial center in a ranking that surveys industry professionals, extending its lead over New York and Hong Kong despite ongoing uncertainty about the implications of Brexit.

National Real Estate Investor, Sept. 11, 2017--Bendix Anderson This summer--for the first time in several years--student housings beds were not leasing as quickly as the year before.

Smith Mountain Laker (Va.), Sept. 12, 2017--Karen DillonMBA President and CEO David Stevens talked about his diagnosis, the importance of cancer research and a YouTube video he and Mary recorded and released for National Prostate Cancer Awareness Month.

Wall Street Journal, Sept. 12, 2017--Esther Fung (subscription)Storage operators, which typically rent units ranging from 5 feet by 5 feet to as large as 10 feet by 25 feet, often report stronger demand following a natural disaster as residents look for a place to keep their belongings while they focus on rebuilding their property.

Reuters, Sept. 12, 2017--Herbert LashProspects for New York City's property market remain strong yet greater caution can be seen as buyers turn more hesitant and sellers seek unrealistic prices, a trade association's second-quarter survey of broker sentiment showed on Tuesday.

HousingWire, Sept. 8, 2017"After nine years of this untenable status quo, GSE reform is of the utmost priority," David Stevens, CMB, said in a blog post. "Congress has an obligation now to act to stabilize the housing finance system for the future and make it more resilient in economic downturns."

HousingWire, Sept. 8, 2017--Brena SwansonPresident Donald Trump signed a three-month extension to the National Flood Insurance Program on Friday, giving Congress more time to come up with a long-term financial solution for the program.

National Real Estate Investor, Sept. 8, 2017--Mary DiduchS&P Global Market Intelligence examined compensation information for public real estate investment trust chief executive officers in the U.S. from 2014 to 2016.

Wall Street Journal, Sept. 7, 2017--Laura Kusisto, Douglas Belkin (subscription)A severe shortage of construction workers is expected to cause widespread delays and push labor costs sharply higher as Texas begins to rebuild from Hurricane Harvey. The labor squeeze could get worse still if Hurricane Irma slams the Southeastern U.S. this weekend as expected.

The median monthly rent for single-family rental properties is rising faster than rents for apartment units, reported Zillow, Seattle.

Commercial real estate investment activity expanded in the second quarter after a "sharp" contraction early in the year, reported Ten-X, Irvine, Calif.

Arbor Realty Trust, Uniondale, N.Y., closed a $365 million commercial real estate mortgage securitization.

Traditionally, commercial/multifamily mortgage bankers originations have tracked very closely with property sales volumes, with 2016 recording $490 billion of originations and $496 billion of property sales. That relationship broke down in the first half of 2017.

Hurricane Harvey dropped more than 50 inches of rain in the Houston area, but the city has survived at least eight other severe floods and hurricanes since 1998 and it will rebound from this, too, said CBRE, Los Angeles.

Most multifamily executives believe the rental housing market will continue to grow, but many are less optimistic about the affordable housing outlook, reported Freddie Mac, McLean, Va.

The Trump Administration's nominee for Federal Housing Commissioner is a familiar face to the housing industry and members of the Mortgage Bankers Association.

Traditionally, commercial/multifamily mortgage bankers originations have tracked very closely with property sales volumes, with 2016 recording $490 billion of originations and $496 billion of property sales. That relationship broke down in the first half of 2017.

Most multifamily executives believe the rental housing market will continue to grow, but many are less optimistic about the affordable housing outlook, reported Freddie Mac, McLean, Va.

The Trump Administration's nominee for Federal Housing Commissioner is a familiar face to the housing industry and members of the Mortgage Bankers Association.

Traditionally, commercial/multifamily mortgage bankers originations have tracked very closely with property sales volumes, with 2016 recording $490 billion of originations and $496 billion of property sales. That relationship broke down in the first half of 2017.

Most multifamily executives believe the rental housing market will continue to grow, but many are less optimistic about the affordable housing outlook, reported Freddie Mac, McLean, Va.

The Trump Administration's nominee for Federal Housing Commissioner is a familiar face to the housing industry and members of the Mortgage Bankers Association.

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