Wall Street Journal, Oct. 5, 2021–Konrad Putzier (subscription)Big hotel companies are adding more all-inclusive resorts, betting that the pandemic will boost a business model that encourages guests to stay in …
Group Newslink: MBA Commercial/Multifamily NewsLink Oct. 7 2021
To Deploy Capital More Efficiently, Investors Bring In Outside Acquisition Help
Wealth Management Real Estate, Oct. 5, 2021–Jenn ElliotSome commercial real estate firms are augmenting their in-house acquisition efforts by working with third-party firm that leverage data to help find deals.https://www.wealthmanagement.com/multifamily/deploy-capital-more-efficiently-investors-bring-outside-acquisition-help?
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How Cities Can Solve Their Office Crisis and Housing Affordability in One Go
Barrons, Oct. 5, 2021–Salim Furth (subscription)Many American cities are facing a dual real estate crisis: Residential prices are soaring while office buildings sit empty. Neither of these problems can be …
Treasury to Begin Redistributing Rental-Assistance Money to High-Need Communities
Wall Street Journal, Oct. 5, 2021–Kate Davidson (subscription)The Treasury Department is set to soon claw back federal rental assistance from groups that haven’t acted to spend enough of the money …
U.S. Factory Orders Gain Steam as Manufacturing Keeps Humming
Reuters, Oct. 4, 2021–Lucia MutikaniThe Commerce Department said on Monday that factory orders increased 1.2% in August. Data for July was revised higher to show orders rising 0.7% instead of …
In Positive Sign for Sector, Investors Continue to Favor Full-Service Hotels
Wealth Management Real Estate, Oct. 4, 2021–Bendix AndersonBuyers pulling the trigger on full-service hotels indicate confidence that business and convention travel will rebound in 2022.https://www.wealthmanagement.com/lodging-hotel/positive-sign-sector-investors-continue-favor-full-service-hotels?
Stock, Bond and Real Estate Prices are All Uncomfortably High
New York Times, Oct. 1, 2021 (subscription)An economist says the three major U.S. markets all show signs of severe overpricing.https://www.nytimes.com/2021/10/01/business/stock-bond-real-estate-prices.html
Flood Insurance Costs Set to Rise as FEMA’s New Rates Kick In
Bloomberg, Oct. 1, 2021–Leslie Kaufman, Polly MosendzThe federal government Friday rolls out a flood-insurance program revamped to reflect worsening climate change, a program that will raise rates for millions of …
Supply Chain Issues Pushing Industrial Rents to Records
Wealth Management Real Estate, Oct. 1, 2021–Patricia KirkAs supply chain issues grow around the country and around the world, U.S. industrial property owners are benefiting, seeing strong demand for space …