Next U.S. Recession Seen Beginning in 2020: Zillow/Pulsenomics

(Bloomberg)—Mark your calendar. The next U.S. recession will begin in 2020, a survey says. More than half of the 105 real estate experts and economists in the quarterly survey by housing…

Groundhog Day at Fannie-Freddie Where the Fix Is Always Tomorrow

(Bloomberg)—Will anyone ever fix Fannie Mae and Freddie Mac? When the two mortgage giants were taken under federal control a decade ago -- the same year Donald Trump kicked off the first…
doggy day care

10 Must Reads for the CRE Industry Today (May 22, 2018)

The House is expected to pass deregulation of Dodd-Frank provisions, the Wall Street Journal reports. U.S. News & World Report looks at investment in industrial real estate. These are among today’s must reads from around the commercial…

Scenes from Day One of ICSC's RECon in Las Vegas

The International Council of Shopping Centers (ICSC) kicked off its annual RECon convention for retail real estate professionals this week in Las Vegas. Optimism abounded during the first day of the show, though some industry…
Sears Holdings sign

Sears Looks Like the Next Company With Head-Scratching CDS Trade

(Bloomberg)—For the past two years, credit-derivatives traders have been betting almost certain odds that Sears Holdings Corp. will default on its debt. Now, those wagers are being turned…

Six Takeaways from RECon 2018, Day One

The first exhibition day at the International Council of Shopping Center’s (ICSC) annual RECon conference in Las Vegas—the largest convention for those in the retail real estate industry…

Apartment Market Weathers the Storm of New Supply

Apartment landlords can no longer raise rents like they used to. So many new apartment units are opening that the percentage that vacancy is inching higher across the country. This year…

California Turns to Homeowners to Fix a Crisis: Virginia Postrel

(Bloomberg Opinion)—Policies to address California’s housing crisis have to take into account two stubborn facts: Homeowners are much less likely than renters to want to see more housing.…
construction women

10 Must Reads for the CRE Industry Today (May 21, 2018)

The New York Times looks at the reasons for New York City’s housing crisis. Fortune examines Amazon’s plans for Whole Foods. These are among today’s must reads from around the commercial real estate industry.
LaSalle Hotel Properties

Blackstone to Buy LaSalle Hotel Properties in $4.8 Billion Deal

(Bloomberg)—Three days after agreeing to sell off the last of its Hilton stake, Blackstone is buying another hotel company. Blackstone Group LP agreed to acquire luxury hotel owner LaSalle…