Bloomberg, Apr. 27, 2022–Jennifer EpsteinMore New York apartment renters are declining to renew leases as they’re being presented with post-pandemic rate increases, landlord Equity Residential said.https://www.bloomberg.com/news/articles/2022-04-27/more-nyc-renters-are-moving-on-instead-of-paying-higher-rates?srnd=premium
Group Newslink: MBA Commercial/Multifamily NewsLink April 28 2022
Commercial Mortgage Debt Outstanding Jumps to Record High in Q4
Commercial Property Executive, Apr. 27, 2022; Multi-Housing News, Apr. 27, 2022–Jamie WoodwellMBA Economist analyzes latest data on commercial/multifamily mortgage debt outstanding in not one, but two different publications.https://www.commercialsearch.com/news/commercial-mortgage-debt-outstanding-jumps-to-record-high-in-q4/https://www.multihousingnews.com/multifamily-mortgage-debt-outstanding-jumps-to-record-high-in-q4/
Does Increased Leasing Activity Signal Recovery for Retail Sector?
Wealth Management Real Estate, Apr. 27, 2022–Jenn ElliotOccupancy rates throughout the retail real estate industry have ticked up in recent months, leaving the sector on its best footing since before …
Multifamily Mortgage Debt Outstanding Jumps to Record High in Q4
Multi-Housing News, Apr. 27, 2022–Jamie WoodwellStrong borrowing and lending backed by commercial and multifamily properties drove the level of total mortgage debt outstanding to a new high at the end …
LEED Certification Gains Ever Greater Importance for Office Tenants and Investors
Wealth Management Real Estate, Apr. 25, 2022–Patricia KirkAs office tenants gravitate toward environmentally sustainable spaces, investors are paying greater attention to environmental certifications.https://www.wealthmanagement.com/office/leed-certification-gains-ever-greater-importance-office-tenants-and-investors?
Times Square Plots Its Comeback, and It Looks Like Las Vegas
Wall Street Journal, Apr. 26, 2022–Konrad Putzier and Peter Grant (subscription)New York City’s Times Square is looking to rebound from its worst economic crisis by becoming more like Las Vegas. …
Shopping for Space, Health Systems Make Over Malls
National Public Radio, Apr. 26, 2022–Blake FarmerHickory Hollow Mall, a full 1.1 million square feet of retail space in southeastern Nashville, was once the largest shopping center in Tennessee. But …
Save on FedEx Shipping through MBA Member Advantage Program
Through the MBA Member Advantage Program, you can save up to 29 percent on small package shipping with FedEx. For more information, click here.
Russian Threat Keeps Mortgage Cybersecurity Experts on Alert
National Mortgage News, Apr. 22, 2022–Andrew Martinez (subscription)Russia’s hostilities in Ukraine have already impacted the U.S. housing market and as the war goes on, the mortgage industry’s cybersecurity experts are …
Commercial Real Estate Price Growth Slows: Report
Benzinga, Apr. 22, 2022–Phil HallPrice growth on U.S. commercial real estate eased away from its recent all-time highs in March, according to the Commercial Property Price Indices National All-Property Index …