The New York Times, June 14, 2022–Matthew Haag, Dana Rubinstein, Andy NewmanNew York City Mayor Eric Adams on Tuesday unveiled a multiyear plan to address New York City’s growing housing …
Group Newslink: MBA Commercial/Multifamily NewsLink June 16 2022
Reports Of Office Real Estate’s Death Were Greatly Exaggerated
Forbes magazine, June 14, 2022–Kyle CrownSince the beginning of the global crisis, the perceived fate of commercial real estate and offices in particular has ranged from grim to hopeless, depending …
Why Real Estate Construction Contract Disputes Are Reaching New Heights
Wealth Management Real Estate, Jun 14, 2022–Loretta ThompsonLessons learned over the last couple years representing owners of both high-end residential and smaller-to-midsize commercial construction projects.https://www.wealthmanagement.com/development/why-real-estate-construction-contract-disputes-are-reaching-new-heights?
Warehouse Giant Prologis Agrees $26 Bln Merger with Duke Realty
Reuters, June 13, 2022–Aishwarya Nair, Chibuike OguhPrologis Inc., a warehouse-focused real estate income trust, said on Monday it would acquire peer Duke Realty Corp. for about $26 billion, including debt, …
Property Values Fall Across US, Europe on Bite From Inflation
Bloomberg, June 13, 2022–Zainab Fattah, Jack SiddersPrices have fallen by about 5% to 10% compared to a year earlier in some areas, according to David L. Steinbach of Hines, with …
How the Fed and the Biden Administration Got Inflation Wrong
Wall Street Journal, June 13, 2022–Nick Timiraos, Jon Hilsenrath (subscription)In recent weeks, top officials in the Biden administration and Federal Reserve have publicly conceded that they made mistakes in their …
The Mid-Year 2022: Gauging the Impact of Rising Rates on Commercial Real Estate
Commercial Real Estate Direct/Trepp, June 13, 2022–Orest MandzyThe relatively conservative underwriting among CMBS lenders since the Great Recession was fortuitous, as the refinancing risk appears to be relatively muted. And …
Freddie Mac Eases Granny Flat Financing
Orange County Register, June 9, 2022–Jeff LazersonIt just got a lot easier to qualify for a mortgage covering the construction costs of an accessory dwelling unit, commonly called casitas, in-law …
Get In. We’re Going to Save the Mall
New York Times, June 8, 2022–Alexandra LangeAs America contemplates mass mall die-off — analysts predict that a quarter of the United States’ roughly 1,000 malls will close in the next …
SFR Investors Continue their Development Push with New Build-to-Rent Projects
Wealth Management Real Estate, June 8, 2022–Bendix AndersonClose to 5 percent of all the single-family houses that developers started to build in 2022 are planned to be operated as rental …