Wealth Management Real Estate, Oct 12, 2022–Beth Mattson-TeigInstitutional investors favor multifamily and industrial, but they are investing across the spectrum of risk profiles and showing an interest in non-gateway markets …
Group Newslink: MBA Commercial/Multifamily NewsLink Oct. 13 2022
One-Third Vacant, Massachusetts Mall Shows Why Regional Operators Are in a Bind
Wall Street Journal, Oct. 12, 2022–Kate King (subscription)The only mall in former manufacturing town North Attleborough, Mass. recently sold for a fraction of its value only a decade earlier, another …
How Rising Mortgage Rates are Pushing People Back into the Rental Market
The Hill, Oct. 11, 2022–Adam BarnesIn-place rents — where renters are already in a lease — are the focus of the Fed’s inflation measures rather than asking rents, said Jamie …
Triple Blow for Renters
Mortgage Professional America, Oct. 11, 2022–Richard TorneHigher rental prices are expected to continue until next year, mostly due to the fact that demand for rental properties has soared, as many …
U.S. Property Sector Brace for Job Cuts as Rate Rises Crush Home Sales
Financial Times, Oct. 11, 2022–Taylor Nicole Rogers (subscription)Realtors, mortgage brokers, appraisers and construction groups say they have lost as much as 80% of their revenue since the Fed started raising …
Big Box Market Booms Despite Economic Headwinds
GlobeSt.com, Oct. 10, 2022–Lynn PollackBuoyed by increased demand from third-party logistics providers, the big box corner of the industrial market is poised for growth despite lingering economic uncertainty. While e-commerce …
To Promote More Affordable Units, Federal Changes Brewing for LIHTC Program
Seattle Daily Journal of Commerce, Oct. 11, 2022–Brian MillerThe Housing Supply Action Plan came from the White House in May, and included several measures to encourage new single-family and multifamily …
Fed’s Charles Evans Says Rates Will Need to Remain at Higher Levels
Wall Street Journal, Oct. 10, 2022–Nick Timiraos (subscription)The Federal Reserve will need to hold interest rates high enough to slow the economy after it lifts them through the end of …
A Pathway to a Sustainable Career
American Banker, Oct. 9, 2022–Jordan Stutts (subscription)Women focused on environmental, social and governance issues are seeing career opportunities open as sustainable finance initiatives become more critical to a bank’s success.https://www.americanbanker.com/news/a-pathway-to-a-sustainable-career
Breaking Down September’s Double-Digit Drop for REIT Total Returns
Wealth Management Real Estate, Oct. 10, 2022–David BodamerPublicly traded REITs saw total returns fall 12.72 percent in September, leaving the FTSE Nareit All Equity REITs index down 27.93 percent year-to-date. …