Bloomberg, June 2, 2021–Steve Matthews, Payne LubbersThe pace of the U.S. recovery picked up somewhat in the past two months, sparking price pressures as businesses contended with worker scarcity and …
Group Newslink: MBA Commercial/Multifamily NewsLink June 3

Appeals Court Rejects Bid By Landlords to Resume Evictions
The Hill, June 2, 2021–John KruzelA federal appeals court in Washington, D.C., on Wednesday denied a request by a group of landlords to resume evictions, leaving the temporary nationwide eviction …

How to Convert Shuttered Hotels and Offices Into Housing
New York Daily News, June 1, 2021–Babak GhafarzadeThe shortage of affordable housing is in contrast to a glut of vacant commercial space. Seemingly overnight last March, the city’s normally bustling …

NBA All-Stars Invest in $1 Billion Harvard Real Estate Development
Wall Street Journal, June 1, 2021–Konrad Putzier (subscription)Four NBA All-Stars are helping fund a new Harvard University real-estate development, joining more than 150 Black and Latino professionals in backing the …

The Market Tectonics of California Real Estate
New York Times, May 28, 2021–Debra KaminWhile reports of a mass pandemic-induced exodus from California are greatly exaggerated, there is a significant migration afoot. California’s biggest cities are shedding residents, …

The $40 Billion Housing Headache Facing New York’s Next Mayor
Bloomberg, May 27, 2021–Martin Z BraunThe city’s public housing units are plagued by mold, lead paint, vermin and heat outages. Mayoral candidates are split on what to do about it.https://www.bloomberg.com/news/articles/2021-05-27/the-40-billion-housing-headache-facing-new-york?srnd=premium

Renting Is Cheaper Than Owning In The 50 Largest US Metros
National Mortgage Professional, MAy 27, 2021–Navi PersaudWith home prices continuing to soar, LendingTree conducted a study comparing renting to owning a home in the 50 largest metros in the U.S. …

Freddie Mac Names Michael DeVito New CEO
DSNews, May 27, 2021–Eric C. PeckThe board of directors of Freddie Mac has announced that Michael J. DeVito will take over as CEO effective June 1. At that time, Interim …