The Lede

Bloomberg, Sept. 17, 2018--Justin FoxManhattan has fewer retail establishments now than in 2001. But there are other boroughs and other uses of storefront space.

HousingWire, Sept. 18, 2018--Ben LaneThe FTC claims that the Shayan brothers' companies, Apartment Hunters, Real Estate Data Solutions, Rental Home Listings, and UAB Apartment Hunters, and their websites, WeTakeSection8.com, ApartmentHunterz.com, and FeaturedRentals.com, actually offered out-of-date listings, including many that did not accept Section 8 vouchers as promised.

National Mortgage News, Sept. 17, 2018--Brad Finkelstein (subscription)Commercial mortgage-backed securities delinquency rates are likely to continue to decrease for the rest of the year, as new issuances outpace maturing loans and precrisis loans continued to get resolved by special servicers, Fitch Ratings said.

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

Cost escalation represents the biggest challenge commercial real estate developers will face over the next five years, said Altus Group Limited, Toronto.

Buoyed by a strong economy and continued healthy demand, the average U.S. apartment rent rose $2 in August to $1,412, up 3.1 percent year-over-year, reported Yardi Matrix, Santa Barbara, Calif.

Fannie Mae, Washington, D.C., priced its eighth multifamily Delegated Underwriting and Servicing real estate mortgage investment conduit this year, totaling $857.2 million.

The appetite for seniors housing remains strong, with nearly two-thirds of investors planning to increase their portfolios over the next 12 months, said CBRE, Los Angeles.

Institutional investors are increasing their expectation for full-year commercial real estate returns, the Pension Real Estate Association Consensus Forecast Survey reported.