Real estate businesses looking to move forward with their strategic plans during the downturn while preserving equity may just have another tool in their tool belt: Commercial Property Assessed Clean Energy programs, or C-PACE. C-PACE, a public-private financing option, allows commercial property owners ... READ MORE >
Laura Dietzel
Death and taxes are the only certainties in a volatile Chicago office market
The Chicago real estate investment community is bracing for a rough winter as both commercial and residential owners prepare for property tax hikes as COVID-19 continues to present a significant threat. Compelled by what Chicago Mayor Lori Lightfoot characterized as a “the hikes come as the city’s tax ... READ MORE >
FHA mortgage delinquencies show some homeowners in trouble
Federal Housing Administration mortgage delinquencies hit an all-time, four-decade high, according to data released on Monday, a sign that disadvantaged homebuyers are clearly struggling in the pandemic-impacted economy. The share of FHA mortgage delinquencies rose to almost 16% in the second quarter, ... READ MORE >
Miles away: U.S. airports face heavy lift and slow recovery
The COVID-19 pandemic and resulting shelter-in-place protocols have devastated the airline industry. Along with it, airports across the country, rife with retail, have suffered significant losses. As cancellations of business trips and vacations mounted beginning with the onset of the outbreak in ... READ MORE >
Americans face housing affordability crisis as paltry inventory sends costs higher
The decline in housing numbers reported for December on Wednesday is tied to the dwindling available supply of housing for purchase. Pending home sales reported by the National Association of Realtors through December 2019 decreased 4.9% month over month; however, the year-over-year comparison shows a ... READ MORE >
Real estate investors hope for the best, prepare for the worst—KAYO conference
"We don’t know.” That was the response of Denise Olsen, managing director at GEM Realty Capital, when asked about where the real estate industry is in the business cycle at the recent KAYO Women’s Private Equity Real Estate Summit in Chicago. The truth is, economic cycles and real estate cycles ... READ MORE >