Area News
Federal housing leaders launch new initiative aimed at disaster preparedness after recent hurricanes
The U.S. Department of Housing and Urban Development (HUD) and the Federal Emergency Management Agency (FEMA) have launched the Pre-Disaster Housing Initiative to help states …
Elon Musk-led Department of Government Efficiency pushes return of full workweek for federal workers
Elon Musk, co-leader of the newly formed Department of Government Efficiency, plans to enforce a full five-day workweek for all federal employees as part of …
Ken Griffin and the Big Miami Real-Estate Mystery
The article “Ken Griffin and the Big Miami Real-Estate Mystery” by the Wall Street Journal is not freely available, but I can provide a summary …
Washington Post joins corporate America in return of five-day office mandate
The Washington Post has announced a return to a five-day in-office workweek starting next year, ending its remote and hybrid policies established during the pandemic …
Here are six notable housing-related measures voters decided this week
Voters across several states and cities made significant decisions regarding housing and property taxes during the recent Election Day. In Charlotte, North Carolina, residents approved …
Bosses Are Calling Workers Back to the Office. That’s Good News for Landlords.
The U.S. office market shows signs of stabilizing as more companies, including Amazon and Dell, call employees back to the office, with one-third of firms …
Southwest Florida Witnesses Record-Breaking Industrial Sale
McGarvey Development Company, a comprehensive construction and real estate firm, sold Centerlinks Business, which includes nine industrial warehouses. Totaling 453,940 square feet on 41 acres, …
1. Multifamily loans are experiencing a surge as office deals decline, highlighted by the Bank of Montreal’s upcoming multiborrower commercial mortgage-backed securities deal, which features …
Fort Myers, Florida, industrial park with Fortune 500 tenants sold by Chicago-based developer
Glenstar Logistics and Columnar Investments have sold Tri-County 75, a 72-acre industrial park in Fort Myers, Florida. The park consists of four buildings totaling 818,000 …
Citizens has higher reserve levels for problem office loans than similar banks
About $749 million of its general office loans are for properties in the New York City market, representing about 14% of its total office loan …