NREI Daily
Wealth Management FinTech
 

SEPTEMBER 17, 2019

Top Story

Multifamily

Multifamily Investors, Spooked by Tougher Laws, Are Pushing Cap Rates Higher in Markets with Rent Control

Investors are starting to pay less for apartment properties in markets that have some kind of rent regulation laws on the books.

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Multifamily

CRE Financing Provider Says the GSEs Need Recapitalization Rather Than Legislative Reform

NREI discussed the proposed reforms and implications for multifamily financing with Willy Walker, CEO of Walker & Dunlop, a provider of commercial real estate financing services. The Treasury Department released a comprehensive plan to reform Fannie Mae and Freddie Mac on Sept. 5th. 

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Foreign Investment in U.S. Real Estate May Require Government Approval

Foreign investment in U.S. commercial real estate has been robust over the last few years and looks to continue to be strong in 2019.

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NREI Wire

WeWork Postpones Long-Awaited IPO, Sending Its Bonds Falling

WeWork pushed back its much-awaited initial public offering as the company seeks more time to allay investor doubts over its governance, slashed valuation and business prospects.

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Blackstone Is in Talks to Buy the Bellagio and MGM Grand

Blackstone Group Inc. is in advanced talks to buy and lease back the iconic Bellagio and MGM Grand Las Vegas casinos from MGM Resorts International, according to people with knowledge of the matter.

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10 Must Reads for the CRE Industry Today

The trade wars and a slowing economy are threatening the warehouse sector, according to the Wall Street Journal. New York’s Metropolitan Transportation Authority is looking to upgrade its retail offerings, reports The New York Times. These are among today’s must reads from around the commercial real estate industry.

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