Multifamily property insurance rates are projected to increase up to 50 percent in 2023 That would be on top of last year's 20 percent increase Some markets, specifically those hit by weather-related disasters, are getting hit the hardest...
Trepp Inc has partnered with the Chao-Hon Chen Institution for Global Real Estate Finance at New York University on the “innovation challenge,” through which students will compete on their proposals for solving a number of issues facing...
Commercial Real Estate Direct Staff Report Roughly 1,300 attendees have registered so far for the Commercial Real Estate Finance Council’s upcoming January conference in South Miami Beach, Fla That’s in line with the number of...
Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston Healthpeak Properties Inc is developing the five-story property at 7500 Fannin St It already is 36 percent preleased and will include a...
Crain's New York Business The Omni Berkshire Place hotel in Manhattan has furloughed 268 employees as a result of the coronavirus outbreak The 398-room property, at 21 East 52nd St, expects to hire back the workers when the hotel reopens It is...
Boston Business Journal Federal Realty Investment Trust has offered a parking lot site at a Kmart store it owns in suburban Boston to be used to disinfect N95 masks worn by healthcare workers treating coronavirus patients The site, at 77 Middlesex...
Commercial Real Estate Direct Staff Report The $22 trillion stimulus package signed into law last Friday includes a number of provisions that ought to provide a positive impact on the commercial real estate sector For starters, $349 billion will...
This year's policy slate will shift from the Dodd-Frank policymaking cycle to some major headline issues, including the Libor transition, reform of the government-sponsored enterprises and relief for lenders complying with the anti-money laundering...
The buzz that the United States Senate might shift gears and support a sharp increase in the tax on partnerships’ carried interests has prompted the real estate industry to mobilize Jeffrey DeBoer, president and chief executive of the Real...
Commercial Real Estate Direct Staff Report Attendance at next week’s Commercial Mortgage Securities Association conference in Washington, DC, is slated to be up by 52 percent from the trade group’s last get-together So far, 960...
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