Bloomberg, Oct. 27, 2021–Oshrat CarmielSan Francisco is the only U.S. apartment market that hasn’t seen a full recovery to pre-pandemic rents, landlord Equity Residential said in its earnings call Wednesday.https://www.bloomberg.com/news/articles/2021-10-27/san-francisco-s-empty-offices-delaying-apartment-rent-recovery
Group Newslink: MBA Commercial/Multifamily NewsLink Oct. 28 2021

Could Homeownership Derail the Rental Market In Secondary Cities?
GlobeSt.com, Oct. 26, 2021–Kelsi Maree BorlandDuring the pandemic, people fled the urban core for secondary metros across the country. In response, apartment markets in these cities are seeing high double-digit …

As Risks of Climate Change Rise, Investors Seek Greener Buildings
New York Times, Oct. 26, 2021–Patrick Sisson (subscription)Sustainable real estate isn’t a new idea. What has changed in recent years is the perception of risk associated with climate change, prompting …

A Fight Over Biden’s Pick for a Banking Watchdog Gets Nasty
Bloomberg, Oct. 26, 2021–Robert Schmidt, Jesse HamiltonProgressives say Saule Omarova would deliver much-needed industry skepticism as comptroller of the currency. Republicans suggest she’s a Marxist.https://www.bloomberg.com/news/articles/2021-10-26/saule-omarova-confirmation-behind-biden-s-pick-for-comptroller-of-the-currency

U.S. Aid to Renters Picked Up to $2.8 Billion in September
Bloomberg, Oct. 25, 2021–Jill R ShahState and local governments picked up the pace of distributing emergency rental assistance funds in September amid a push from the Biden administration to accelerate …

Wage Disparities Make Homeownership Elusive for Many Millennials
National Mortgage News, Oct. 25, 2021–Spencer Lee (subscription)The financial circumstances facing millennials has made the average age of the first-time home buyer older, and for some, the situation looks so …

MBA Chart of the Week Oct. 25 2021: Commercial/Multifamily Lending
Sometimes research is like putting a puzzle together – trying to fit one piece of information with another to create a full picture of what’s happening. This week, we are adding a new, final piece to the puzzle of how much commercial real estate lending happens each year.

The Market for Single-Family Rentals Grows as Homeownership Wanes
New York Times, Oct. 22, 2021 –Debra KaminCOVID-19 inflamed the real estate market, pushed Americans toward the suburbs and changed our relationship with where we live, work and play. It …

Time for Fed to Taper Bond Purchases But Not to Raise Rates, Powell Says
Reuters, Oct. 22, 2021–Lindsay Dunsmuir, Ann SaphirFederal Reserve Chair Jerome Powell on Friday said the U.S. central bank should start the process of reducing its support of the economy by …

MBA Chart of the Week Oct. 25 2021: Commercial/Multifamily Lending
Sometimes research is like putting a puzzle together – trying to fit one piece of information with another to create a full picture of what’s happening. This week, we are adding a new, final piece to the puzzle of how much commercial real estate lending happens each year.