Real estate news headlines this week include China’s Real Estate Crisis, Hawaii Fires Devastate People and Property, and Texas Leads in Best Cities for Home Buyers. Select Financial Capital also announced the closing of its latest multifamily property investment outside of Charleston South Carolina. China’s Real Estate Crisis Chinese real estate developers are facing default…
News roundup of top recent weekly stories involve a special report on the death and rebirth of shopping malls. Death of the Shopping Mall Changes in shopping and closures in department stores are driving the demise of the traditional mall. Shopping malls, including newer well located properties are worth less than 50% and for older…
Real Estate News Headlines News roundup of top recent weekly stories include hybrid work reshapes real estate, risk of emerging city doom loops and strip mall real estate heats up. Hybrid Work Reshapes Real Estate Hybrid work looks to have permanently changed the real estate landscape. Office attendance has stabilized at 30 percent below prepandemic…
Real Estate News Headlines News roundup of top recent weekly stories includes price declines for self storage properties, rise of mixed-use properties and more bad news for the San Francisco downtown real estate market. Self-Storage Price Declines Demand for self-storage facilities is falling with some locations decreasing rents as much at 28 percent. New leasing…
News this week includes San Francisco hotels to default on $725 million loan, All State and Farmers Insurance to stop selling home insurance in California, office vacancy rises around remote work, employees stop relocating for jobs and drug cartels and Chinese organized crime laundering money into real estate. San Francisco Hotels Default Park Hotels announced…
News headlines include commercial lending declining, home prices falling in April, Elon Musk tweeting about the real estate market, and major problems for the Applesway Investment Group. The SelectFinCap partners discuss all of these news developments on our YouTube channel. Commercial Lending Falling In March banks tightened loan standards according to the Federal Reserve, while…
First Republic joined Silicon Valley Bank and Signature Bank on the list of 2023 bank failures. JPMorgan Chase now owns most of its assets, and its customers are able to access funds even above the FDIC insured level of $250,000. But a lot of folks are worried about what could come next for banks and…
News headlines are increasingly predicting a blowup in commercial real estate. But the risk is actually concentrated in the office markets of just a few cities. Digging into the details you will find that most commercial real estate categories and locations are actually doing well. Properties in the suburbs and other types of commercial real…