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Results: 121 Articles found.
Jan 31, 2018 12:30 PM

Supreme Court Hops into Property Rights Case

The Supreme Court will hear a case in which Weyerhaeuser Co. is challenging the state of Louisiana’s power to potentially erase $34 million in land value by designating 1,500 privately owned acres of forest land as critical habitat for an endangered frog species, Roll Call reported Jan. 23.

 
Jan 31, 2018 12:30 PM

New Pennsylvania Law Requires Licenses for all Non-bank Servicers

A new Pennsylvania law authorizes the Department of Banking and Securities to mandate that non-bank servicers become licensed to operate in the state, HousingWire reported Jan. 24. Gov. Tom Wolf on Dec. 22 signed SB 751, which requires lenders to be licensed by June 30.

 
Jan 24, 2018 12:30 PM

Fed Beige Book Shows Mixed Results for Residential, Commercial Sectors

Most Fed districts reported low housing activity due to constrained housing inventory — an ongoing concern — while non-residential activity continued to experience slight growth, the Fed reported Jan. 17 in its newest Beige Book.

 
Jan 24, 2018 12:30 PM

Senate Confirms Powell as Federal Reserve Chair

The Senate on Jan. 23 confirmed Jerome Powell as chairman of the Federal Reserve, DSNews reported. Powell will take over from Janet Yellen when her term expires in February. Powell said he supports current Fed policies that call for gradual interest rate increases and has voiced his support of Dodd-Frank.​

 
Jan 24, 2018 12:30 PM

AG Targeting Pot Protection Laws Unnerves Real Estate Investors: Report

U.S. Attorney General Jeff Sessions’ decision to rescind Obama-era policy that allowed legalized marijuana to flourish without federal intervention has left investors — including those who launched real estate investment trusts — confused as to official policy and its effect on their portfolio valuations, National Real Estate Investor reported Jan. 12.

 
Jan 10, 2018 12:30 PM

FHFA Allows Fannie, Freddie to Hold Reserves for First Time Since 2008

The Federal Housing Finance Agency allowed the government-sponsored enterprises to each retain $3 billion in capital, a policy change agreed to in late December that enables Fannie Mae and Freddie Mac to maintain reserves for the first time since 2008, HousingWire reported Dec. 29.

 
Jan 10, 2018 12:30 PM

Net Lease Cap Rates Expected to Rise, Survey Reveals

Net lease cap rates are expected to increase this year anywhere from 25 basis points to 50 or more, according to respondents who participated in a survey conducted by commercial real estate firm The Boulder Group, GlobeSt.com reported Jan. 3.

 
Jan 10, 2018 12:30 PM

Solid CRE Market Expected in 2018: MBA

Seventy-eight percent of commercial/multifamily firms expect originations to increase this year, and approximately half reportedly are planning to increase originations by at least five percent, according to the Mortgage Bankers Association’s 2018 CREF Outlook Survey released Jan. 4.

 
Dec 20, 2017 12:30 PM

Connecticut Has Nation's Most Expensive Office Market: Report

Fairfield County, Connecticut, is the priciest office market in the U.S. with an average cost of $17,414 per workstation, according to the Office Space Across the World report released Dec. 8 by real estate services firm Cushman & Wakefield. Other top cities: San Francisco; New York; and San Jose, California.

 
Dec 20, 2017 12:30 PM

Tech Firms Have 'Outsized' Effect on Premium Office Space: JLL

Technology companies are having an "outsized" impact on the nation's most desirable office properties, supplanting finance and law firms as the typical lessees of premium space, according to commercial real estate services firm JLL, MBA NewsLink reported Dec. 13. Five of the top 10 costliest streets are in tech hubs.

 
 
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