Wall Street Journal, Apr. 18, 2022–Will Parker and Nicole Friedman (subscription)Small groups of neighborhood volunteers are blocking companies from buying single-family homes, rewriting homeownership rulebooks to thwart investor purchases of …
Group Newslink: MBA Commercial/Multifamily NewsLink April 21 2022
Opportunity Zone Funds Boosting Surge in U.S. Multifamily Construction
Urban Land magazine, Apr. 18, 2022–H. Lee MurphyOut of the wreckage of the COVID-19 pandemic, Qualified Opportunity Zone funds accelerated last year, with nearly $7 billion in new capital raised …
Treading Cautiously, Developers Ramp Up New Seniors Housing Projects
Wealth Management Real Estate, Apr. 15, 2022–Bendix AndersonAlthough some pressures remain, with vacancy rates starting to fall and other fundamentals stabilizing, seniors housing developers are looking to push new projects …
Prime Farmland in Ontario, Calif., is Being Overtaken by Warehouses
National Public Radio, Apr. 15, 2022–Gloria HillardEast of Los Angeles, giant warehouses and distribution centers are replacing farms in an area known as the Inland Empire. The logistics industry is …
MBA State Commercial Mortgage Licensing Resources
The Mortgage Bankers Association has updated its state-by-state compilation of commercial/multifamily mortgage licensing requirements. The updated resource is a no-cost, member-only benefit that is updated annually. It covers state requirements …
‘The Mall is Not Dead’ Amid Rise in Online Shopping, Retail Expert Says
Yahoo Finance, Apr. 14, 2022–Thomas HumConsumer and retail expert Natalie Kotlyar, Managing Partner at BDO USA, believes malls still have life left in them.https://finance.yahoo.com/news/the-mall-is-not-dead-amid-rise-in-online-shopping-retail-expert-says-155322560.html
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The MBA Path to Diversity Scholarship Program recognizes existing industry professionals who are seeking to advance their careers through continuing education.
How Hawaii’s Land-Use Regulations Are Helping Drive Up Housing Prices
Honolulu Civil Beat, Apr. 14, 2022–Stewart YertonIt’s a longstanding complaint among homebuilders in Hawaii: land-use regulations contribute enormously to building costs, they say, driving up the price of housing. Now, …
JPMorgan’s New Manhattan Headquarters to Be All Electric Powered
Wall Street Journal, Apr. 14, 2022–Will Parker (subscription)JPMorgan Chase & Co.’s new Manhattan headquarters will rely on a hydroelectric power source, making the 1,388-foot skyscraper the tallest and largest New …
Annual Wholesale Inflation Rises Record 11.2 Percent in March
The Hill, Apr. 13, 2022–Tobias BurnsWholesale prices jumped 1.4 percent in March from February to hit a record 11.2 percent annual increase, as widespread inflation affecting the U.S. economy shows …