fed-reserve

Trump, Mnuchin Are Said to Meet With Warsh to Discuss Fed Chair

(Bloomberg)—President Donald Trump and Treasury Secretary Steven Mnuchin met Thursday with Hoover Institution fellow Kevin Warsh to discuss potentially nominating him as the next chairman of the Federal…
Starrett City-

Sale of Brooklyn Complex Where Trump Has Stake Brings Suit

(Bloomberg)—A group of investors in Starrett City, an affordable housing complex in Brooklyn that counts President Donald Trump as a stakeholder, sued the owners in an attempt to block a proposed sale…
chalkboard

U.S. Second-Quarter Growth Revised Upward to 3.1% Annual Pace

(Bloomberg)—U.S. second-quarter growth was revised up slightly without altering the bigger picture of a consumer- driven economy that also got a healthy contribution from business spending during the…
ikea

10 Must Reads for the CRE Industry Today (September 29, 2017)

Republicans already are facing hurdles after announcing their tax plan, according to The Wall Street Journal. SF Weekly reports that many nonprofits responsible for low-income housing in San Francisco are run by real…

Stricter Building Codes Saved Florida’s Commercial Buildings from Irma

A little over two weeks after Hurricane Irma made landfall in Florida, it’s business as usual for commercial real estate brokers on the ground. “We had downed trees and inconvenient electrical outages,…
whiteboard

Five Takeaways from the NIC Fall Conference, Day Three

The National Investment Center for Seniors Housing & Care (NIC) closed its fall 2017 conference on Thursday, with more in-depth analysis of the forces driving the seniors housing market and advice on…

Demand for Light Multi-Tenant Industrial Product Is on the Rise

Approximately 40 percent of all industrial space in the U.S. is multi-tenant industrial space. This is an incredibly significant portion of the industrial sector and demand for this product type is continuing…
tax

Cohn Says Trump Intent on Ending Carried Interest `Loophole'

(Bloomberg)—President Donald Trump is still intent on eliminating the carried interest tax break even though it wasn’t specified in his tax framework, White House Economic Adviser Gary Cohn said. “The…
trump

Trump Promotes Tax Plan as Historic Cuts to Boost U.S. Hiring

(Bloomberg)—President Donald Trump kicked off his campaign to cut tax rates for corporations and individuals, casting the proposal as an economic jolt that would boost hiring across the country. “Our…
toys-r-us

Toys `R' Us Said to Receive a Cheaper Rate on Bankruptcy Loan

(Bloomberg)—Toys “R” Us Inc. is close to getting a cheaper rate on an operating loan that could help with the retail chain’s efforts reorganize in bankruptcy, according to a person with knowledge…