Economy

News

RPA Report Advocates Taxing Pieds-à-Terre

Betsy Kim |

The Regional Plan Association says only 42% of the recreational residences would be needed to end New York City’s housing emergency.

UCLA Launches Affordable Housing Program

Kelsi Maree Borland |

With a growing need for affordable housing and affordable housing solutions in California, UCLA has launched a training program for the niche sector.

Where Will Amazon’s 25,000 Lost Jobs Go?

Erika Morphy |

Sorry, Arlington, you probably won’t be getting the bulk of the jobs originally slated for Queens.

News

Amazon’s Reversal: CRE Insiders and Political Leaders Respond

Betsy Kim |

Several people called Amazon's turnaround on its Long Island City, Queens HQ2 “a sad day” but some recognize deals often require buy-in from people with different views.

News

Three-Building Suburban Industrial Portfolio Sold Near Chicago

Steve Lubetkin |

The properties attracted strong interest and multiple offers, says Marcus & Millichap's David Bradley, demonstrating that the market remains strong while rents keep rising.

CapRock Brings Investment Full Cycle in One Year

Kelsi Maree Borland |

The industrial investor sells a Central L.A. value-add asset it purchased last year to an owner-user, rapidly completing its investment plan.

How Will Student Housing Stack Up to Multifamily in a Downturn

Kelsi Maree Borland |

Student housing and multifamily are both seen as recession-resistant asset classes, but how will they compare in the next downturn?

Event

HACE's Maria Gonzalez Sees Opportunities for CRE in Philly's Distressed Neighborhoods

Steve Lubetkin |

According to Maria Gonzalez of HACE, a community development corporation focused on the Latinx communities, immigrants, millennials and baby boomers have enhanced the city's diversity with their rising interest in urban living.

Gen-Z Enters Apartment Market With High Expectations

Kelsi Maree Borland |

With luxury student housing more common for gen-Z, the demographic is entering the apartment market with very different expectations than millennials.

News

North Wells Capital Makes Opportunity Zone Investment in Chicago MF

Steve Lubetkin |

North Wells says the planned rehab in an opportunity zone offers benefits for investors and the neighborhood.