Renter Market Picks Up in Suburbs

HousingWire, Sept. 21, 2021–Brooklee HanAmerican suburbs surrounding the nation’s 50 largest metropolitan areas gained a total of 4.7 million new residents since 2010, with 3.7 million of them renters, according …

Hines, Korean Pension Fund Bet Big on San Francisco Comeback

Wall Street Journal, Sept. 21, 2021–Konrad Putzier (subscription)Real estate developer Hines Interests LP and a South Korean pension fund are planning a $2.5 billion-plus office and apartment project in San …

How Renters Made Out in the Pandemic

Wall Street Journal, Sept. 20, 2021–Editorial Board (subscription)The Supreme Court last month blocked the Centers for Disease Control and Prevention’s national eviction moratorium. Now, in a belated disclosure, the Consumer …

Delinquencies Improving For Commercial Mortgages

GlobeSt.com, Sept. 17, 2021–Ted KnutsonDelinquency rates for mortgages backed by commercial and multifamily properties have improved in recent months with the recovery, the Mortgage Bankers Association says. However, Jamie Woodwell, …

U.S. Retail Sales Surprise to Upside in Strong Boost to Economy

Reuters, Sept. 16, 2021–Lucia MutikaniU.S. retail sales unexpectedly increased in August, likely boosted by back-to-school shopping and child tax credit payments from the government, which could temper expectations for a …

The Housing Crisis is the Top Concern for Urban Residents

Vox, Sept. 16, 2021–Jerusalem DemsasHousing costs and homelessness in America’s cities are so bad that people in growing metro areas now appear more concerned about those issues than Covid-19, public …

Sustaining Sustainability: The Economics of Decarbonization

Commercial Observer, Sept. 16, 2021–Larry GetlenWith the combined current emphasis on improved health in light of COVID-19 and a greater environmentalism in response to the rapidly encroaching effects of climate …

Downward Trend Continues for Commercial and Multifamily Mortgage Delinquencies

MortgageOrb, Sept. 15, 2021–Ariana FineDelinquency rates of mortgages backed by commercial and multifamily properties have broadly improved in recent months, according to two reports released by the Mortgage Bankers Association.https://mortgageorb.com/downward-trend-continues-for-commercial-and-multifamily-mortgage-delinquencies