The Lede

Forbes, July 16, 2018--Evan GentryEven though CRE loans celebrated a record-breaking year in 2017, according to a Mortgage Bankers Association report, the CRE market also started to see slowing property value growth and decelerating property sales.

Des Moines Register, July 13, 2018--Kevin HardyEric Scharnhorst, author of the Mortgage Bankers Association report, says an oversupply of parking spaces means city leaders have the chance to rethink the uses for many dedicated parking areas, which are often in coveted parts of town.

Wall Street Journal, July 13, 2018--Ruth Simon, Richard Rubin (subscription)A new Marriott hotel in the Phoenix area might seem a world apart from an affordable-housing complex in the Watts neighborhood of Los Angeles, but both are poised to benefit from the new "opportunity zone" program created in last year's federal tax overhaul.

Commercial Observer, July 18, 2018--Matt Grossman The Commercial Observer said the most influential commercial real estate finance leader last year wasn't yet a jet-setting investment manager or the executive behind a secretive private portfolio but the most traditional of entrants: Doug Mazer, the chief of Wells Fargo's real estate capital markets team.

Real Estate Weekly, July 18, 2018Canadian institutional fund manager Caisse de dépôt et placement du Québec made a $250 million preferred equity investment into Avison Young.

New York Times, July 18, 2018--Nikita Stewart (subscription)New York City is consolidating its system of rental subsidies after four years of complaints from landlords wary of accepting vouchers and homeless people who have tried to use the vouchers to move out of shelters.

The office sector saw mixed results in the second quarter as both vacancy and effective rents increased, reported Reis, New York.

Alternative asset management firm Canyon Partners, Los Angeles, closed a real estate debt vehicle with more than $450 million in total commitments.

North American hotel owners continued to experience "significant" growth across all travel segments in the second quarter, reported TravelClick, New York.

Prime logistics rents--the highest achievable lease rates for top-quality warehouse and distribution center space--increased globally in the fiscal year ending March 31, reported CBRE, Los Angeles.

Facing a July 31 expiration date for the National Flood Insurance Program, the Mortgage Bankers Association's grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action, urging its members to call their elected officials to vote on a long-term reauthorization.