NPR, Sept. 20, 2022–Adhiti BandlamudiThere’s a desperate need for affordable housing in California and churches have land to build on. But there are hurdles, including financing difficulties, pushback from neighbors …
Group Newslink: mba commercial/Multifamily Newslink Sept. 22 2022
Chinese Firms Flee U.S. Commercial Real-Estate Market After Big Property Bets Sour
Wall Street Journal, Sept. 20, 2022–Konrad Putzier (subscription)Chinese firms for years were among the most aggressive buyers of U.S. luxury hotels, office towers and other commercial real estate. Now they …
Unexpected Revival in Group Travel Boosts Hotel Owners
Wall Street Journal, Sept. 20, 2022–Kate King (subscription)People are traveling in packs again. More than two years after the pandemic grounded group travel, hotels are finally selling blocks of rooms. …
Apartment Rents Are Growing Faster in Low-Cost Cities
GlobeSt.com, Sept. 20, 2022–Lynn PollackApartment rent growth hit a staggering 18 percent nationally in 2021, and while prices have tempered a bit this year, rents are continuing to rise at …
U.S. Return-to-Office Rates Hit Pandemic High as More Employers Get Tougher
Wall Street Journal, Sept. 20, 2022–Peter Grant (subscription)Workers are returning to U.S. offices at the highest rate since the pandemic forced most workplaces to temporarily close in 2020, as infection …
Climbing Housing Costs Could Prop Up Inflation for a While
Wall Street Journal, Sept. 20, 2022–David Harrison (subscription)Rents and other shelter costs are emerging as a major driver of overall consumer inflation, keeping it high at a time when many …
In a Slowing Housing Market, Sellers Ask: Why List a Home When You Can Collect Rent?
Wall Street Journal, Sept. 19, 2022–Nicole Friedman, Will Parker (subscription)U.S. home sellers increasingly opt to hold on to their houses amid a soaring home-rental market.https://www.wsj.com/articles/in-a-slowing-housing-market-sellers-ask-why-list-a-home-when-you-can-collect-rent-11663585203?mod=hp_lead_pos13
Sustaining Deeply Affordable Housing Requires Significant Ongoing Funding Beyond Initial Development Costs
MinnPost, Sept. 16, 2022–Jon Gutzmann and Lisa FeidlerFailure to ensure a sustainable, ongoing funding beyond development brings the viability of keeping units deeply affordable into question, jeopardizing the housing stability …
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