A report from the Los Angeles Times in California. "In downtown Los Angeles, rent for a 566-square-foot one-bedroom at the Eighth and Grand luxury apartments would have set you back at least $2,286 at the end of January, according to…
A report from the Wall Street Journal. "Forbearance allows homeowners to suspend their monthly payments when they experience a virus-related hardship without the usual consequences of delinquency or even foreclosure. The flood of requests have mortgage servicers working overtime and…
A report from Habitat. "The Federal Housing Finance Agency (FHFA) implemented measures in March to ensure that millions of homeowners weren’t put out on the street in the middle of a pandemic. Protections include a moratorium on foreclosures for anyone…
Two reports from the Wall Street Journal. "Brookfield Property Partners is canceling plans to redevelop a former Vermont mall as an office and residential development, a sign that the slumping economy could be upending the firm’s strategy of buying and…
A report from Bloomberg. "The commercial property market has largely been frozen as buyers and sellers struggle to agree on what buildings are worth. Transactions for apartments plunged 70% in the second quarter compared with a year earlier, according to…
A weekend topic starting with Senior Housing News. "Senior housing capital markets remain unstable. Titan SenQuest Management CEO Kevin Kaseff believes that, while the pandemic hastened a bear market, this is actually the beginning of a market correction. 'This [looks…
A report from Denverite in Colorado. "For the first time in a decade, rents went down in metro Denver. 'For rents to go down is unusual,' said Mark Williams, executive vice president of the Apartment Association of Metro Denver. He…
A report from the Los Angeles Times in California. "It’s not just renters who are benefiting from expanded unemployment payments. Nearly half of the tenants in the 16-unit apartment complex Kim Pierce owns in Echo Park are behind on their…
A weekend topic starting with the Wall Street Journal. "Pension giant California Public Employees’ Retirement System is projecting malls will lose some of their value in the second quarter, according to an internal estimate. The investment chief of the Chicago…
A report from WBAL TV in Maryland. "Brian Coleman, a senior home loan consultant with Main Street Home Loans, said average mortgage and refinance rates are under 3%. 'It's helping people with their purchasing power -- you can afford a…