What The Biden Tax Plans Mean for the Housing Market

HousingWire, May 19, 2021–Mike FratantoniAfter more than a year with innumerable challenges, it appears the pandemic will end. Now, just as the recovery has commenced, we are at the beginning …

Restaurant Closures Now at 14% Despite Apocalyptic Predictions

Bloomberg, May 18, 2021–Kate KraderNew data from the National Restaurant Association, a Washington-based industry group, found that 90,000 restaurants across the U.S. have closed permanently or long-term. That’s less than …

Staffing Shortages Pose a Threat to Hotels’ Budding Recovery

Wall Street Journal, May 18, 2021–Dave Sebastian (subscription)Hotels say they are struggling to hire enough housekeepers, kitchen staff and other hourly workers—including the ones they laid off early in the …

Quantum Shift Looms for Office

Commercial Property Executive, May 17, 2021–Paul FiorillaThe typical question about a recovery is how long it will take for a property sector to return to its previous status. In the …

The CRE Industry is Battling Back Against Proposed Tax Reforms

Wealth Management Real Estate, May 17, 2021–Beth Mattson-TeigCommercial real estate stakeholders are digging in to battle proposed tax reforms that could deal a devastating blow to the investment marketplace.https://www.wealthmanagement.com/investment-strategies/cre-industry-battling-back-against-proposed-tax-reforms?

Economic Demand is Back. Supply is the Problem

Bloomberg, May 14, 2021–Mohamed A. El ErianThe difficulty in obtaining raw materials and workers has long-term implications for prices, growth and corporate balance sheets.https://www.bloomberg.com/opinion/articles/2021-05-14/economic-demand-is-back-supply-is-the-problem?srnd=premium