Bloomberg, May 4, 2021–Jennifer Surane, Lananh NguyenAn Accenture Plc survey of 400 North American financial-services executives found that almost 80% prefer for workers to spend four to five days in …
Group Newslink: MBA Commercial/Multifamily NewsLink May 6
Jamie Dimon, Fed Up with Zoom Calls and Remote Work, Says Commuting to OFfices Will Make a Comeback
CNBC, May 4, 2021–Dawn GielThe JPMorgan Chase chairman and CEO has already told his U.S. employees they should begin getting used to returning this month with the goal of having …
The Battle for 1042 Cutler Street
Washington Post, May 1, 2021–Eli SaslowIn the covid economy of 2021, the federal government has created an ongoing grace period for renters until at least July, banning all evictions in …
The National Rental Market Has Recovered from COVID-19–with a Catch
Mortgage Professional America, May 3, 2021–David KitaiApartment List’s national rent report states that its national rent index increased 1.9% month over month in April, the largest monthly estimate ever since …
Senior Housing Value-Add Opportunities May Total $5B, Could Grow
Senior Housing News, May 3, 2021–Chuck Sudo (subscription)One year ago, senior housing mergers and acquisitions activity came to a screeching halt due to COVID-19. But there are signs that the …
Analysis: How Biden’s Tax Plan Would Reshape CRE Investment
Commercial Property Executive, April 30, 2021–Therese FitzgeraldPresident Biden called on Congress to make tax code changes that could hurt commercial real estate investors’ pockets. But the code changes detailed in …
CoStar Group Reports Strong Revenue and Profitability in Q1
Mortgage Professional America, Apr. 29, 2021–Candyd MendozaCoStar attributed the increase to the record numbers of visitors to its commercial real estate platforms. Its sales team generated $52 million in company-wide …
Biden Proposal Would Close Longtime Real-Estate Tax Loophole
Wall Street Journal, Apr. 29, 2021–Will Parker (subscription)President Biden’s new economic plan would eliminate a tax break for many real-estate owners that has enabled them to defer paying capital gains …
The Radical Way Cities Are Tackling Affordable Housing
Fast Company magazine, April 28, 2021–Nate BergCities across the country are buying up buildings as a way to increase affordable housing stock and take more control of the market.https://www.fastcompany.com/90618596/the-radical-way-cities-are-tackling-affordable-housing
Dealmaker: Newmark Completes $137.2M in Life Science Property Sales
Newmark, New York, closed life science property sales totaling $137.2 million in Massachusetts and California.