The Lede

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As China Puts the Brakes on Overseas Investment, Los Angeles’ Development Boom Takes a Hit
Los Angeles Times, Apr. 1, 2018--Roger VincentLast year, Chinese investors interested in buying or developing property in Southern California peppered World Trade Center Los Angeles officials with questions about how best to break into the market. But questions such as those have nearly ceased as China's feared pullback from overseas investments has been borne out.
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HomeUnion Launches Crowdfunding Platform for Single-Family Rentals
HousingWire, Apr. 2, 2018--Ben LaneHomeUnion is launching a new program that will make the company itself an investor in single-family rentals, but the company isn't using its own money.
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Mall Vacancies Reach Six-Year High as Retail Slump Batters Local Economies
Wall Street Journal, Apr. 1, 2018--Peter Grant (subscription)Empty space in regional shopping malls reached a six-year high in the first quarter, adding further stress to regions being hit by a retail earthquake that is shaking up the job market across the U.S.
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New York Fed Picks John Williams as President
Wall Street Journal, Apr. 3, 2018--Michael S. Derby (subscription)The Federal Reserve Bank of New York said Tuesday that John Williams, who has helmed the San Francisco Fed since 2011, will become its next leader, assuming one of the top leadership positions at the U.S. central bank.
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ADP: Construction Industry Leads March Employment Surge
HousingWire, Apr. 4, 2018--Kelsey RamirezAs job gains continue in the construction industry, employment is expected to surge in March, according to the ADP and Moody's Analytics National Employment Report.
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