The Federal Reserve on Wednesday boosted interest rates by a quarter percentage point, leaving many landlords and real estate fund managers to wonder how the increase will affect their operations and bottom line. Fortunately, no one needs to ring the alarm. With the cost of capital remaining low, continued interest in real estate from both domestic and foreign investors, and robust demand for sectors such as housing and industrial, real estate should continue to see positive trends despite the near-term interest rate hike. … READ MORE >
Biden’s $1.2 trillion infrastructure package and real estate
In the long term, the new infrastructure bill will drive GDP growth and job creation, with both boosting demand for real estate. Additionally, existing communities will improve and new communities will be created with the investment in roads, bridges and public transportation … READ MORE >
What the U.S. government’s openness to remote work means for contractors and real estate
The first flexible coworking services contract is a major signal that government contractors will be serving a more dispersed, flexible customer in the future. This is great news for contractors who are battling for talent in a tight labor market and looking for continued return on their recent IT remote work investments. … READ MORE >
The distressed real estate market that hasn’t materialized
A year into the pandemic-induced recession, property values have not only defied expectations of a drop, they have moved higher. The Commercial Property Price Index (CPPI) from Real Capital Analytics has increased almost 7% over the last 12 months. … READ MORE >
Traditional retail’s loss has been industrial’s gain
The growing reliance on contact-free e-commerce is providing new opportunities and unique challenges to the commercial real estate sector, specifically those focused on retail and industrial space. … READ MORE >
CHART OF THE DAY: Vaccine at the top of holiday wish list for senior housing
Senior housing of all kinds – including independent and assisted living facilities, as well as those that offer skilled nursing – have been hit hard by the pandemic, both in human and economic terms. … READ MORE >
CHART OF THE DAY: Home builder optimism reaches record high
Many industries are still recuperating from the impact of the pandemic, but housing has been fortunate to experience a V-shaped recovery. Not only has the Housing Market Index from the National Association of Home Builders recovered to pre-pandemic levels, it has now matched December 1998 for an all-time high in the index’s 35-year history. … READ MORE >
12.3 million rental units at risk when federal eviction moratorium ends Friday
Local courts should be prepared for an influx of filings as the federal eviction moratorium under the CARES Act officially expires on Friday. … READ MORE >
Housing remains a leader in the economic recovery
Housing continues to be a bright spot in the economy, with housing starts jumping 17.3% in June and housing permits rising 2.1% — the second straight month of gains . … READ MORE >
A bright spot amid the economic wreckage of coronavirus: apartment rental payments
On Friday, the National Multifamily Housing Council released its Rent Payment Tracker, and reported that 80.2% of apartment households made a full or partial rent payment as of May 6. … READ MORE >