Multi-Housing News, July 27, 2022–Jeffrey SteeleExperts weigh in on what today’s rate hike means for the industry—and on the challenges ahead.https://www.multihousingnews.com/multifamily-braces-for-another-fed-rate-hike/?
Group Newslink: MBA Commercial/Multifamily NewsLink July 28 2022
Availability of Retail Real Estate Hits 10-Year Low
Chain Store Age, July 26, 2022–Al UrbanskiThe retail availability rate hit a 10-year low of 5.1% in the second quarter, according to CBRE.https://chainstoreage.com/availability-retail-real-estate-hits-10-year-low
A Dose of Reality in the Warehouse Space
GlobeSt.com, July 26, 2022–Erik ShermanIndustrial, and especially logistics and warehouses, was one of the big winners of the pandemic. It’s still going strong, but expect some changes soon, according to …
The Fed is Set to Raise Rates Again — But Will Mortgage Rates Follow? Maybe Not
Bankrate.com, July 26, 2022–Jeff OstrowskiThe Federal Reserve is set to raise interest rates sharply this week, a move that seems to portend higher mortgage rates. Don’t be too sure, though. …
Call for Entries: MBA DEI Leadership Awards–Deadline Aug. 5
The Mortgage Bankers Association is accepting entries for its annual Diversity, Equity and Inclusion Residential Leadership Awards; entry deadline is Friday, Aug. 5. Annually, MBA recognizes residential and commercial/multifamily members …
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.
As Boston Apartment Rents Rise, A Renewed Push for Rent Control
Wealth Management Real Estate magazine, July 25, 2022–Bendix AndersonRent control advocates in Boston are once again pushing for new rent control laws.https://www.wealthmanagement.com/multifamily/boston-apartment-rents-rise-renewed-push-rent-control?
Why Isn’t There a Mass Movement for Climate Action in the U.S.?
Bloomberg, July 25, 2022–Eric RostenA substantial majority of Americans, 87%, supports rebates or tax incentives for homeowners, landlords or businesses to improve the energy efficiency of existing buildings Yale and …
Blackstone Plans New $24.1B Real Estate Fund
GlobeSt.com, July 22, 2022–Erik ShermanBlackstone readies its next real estate private equity fund, Blackstone Real Estate Partners X L.P., and it’s going to be a whopper.https://www.globest.com/2022/07/21/blackstone-plans-new-24-1b-real-estate-fund/?
Call for Entries: MBA DEI Leadership Awards–Deadline Aug. 5
The Mortgage Bankers Association is accepting entries for its annual Diversity, Equity and Inclusion Residential Leadership Awards; entry deadline is Friday, Aug. 5. Annually, MBA recognizes residential and commercial/multifamily members …