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Biden Tax Proposals Could Mean Pain for Real Estate

The White House is developing a proposal to raise the capital gains tax to 39.6% for individuals making more than $1 million a year. And during the campaign, he said he wanted to completely end the 10...

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Here's Where the Multifamily Market Frayed in 2020

Boston, Santa Monica, and Tallahassee lead a growing list of cities whose multifamily markets are beginning to crack, with the percentage of loans with occupancy under 80% increasing substantially ove...

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CMBS Delinquencies Drop for Ninth Consecutive Month

Continuing a trend that has been in place for nine months, CMBS delinquencies fell month over month in March, Trepp and Fitch Ratings reported. For Fitch-rated CMBS transactions, the decline was 23 ba...

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Brisk Job Recovery, Hiring Expansion Continues In California

California’s labor market continued to expand at a rapid pace in March, with total nonfarm employment growing by 119,600 positions. And with the state’s decline in new COVID-19 cases and t...

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Retail Rent Collections Within 4% of Pre-Pandemic Levels

Retail rent collections are continuing to improve. A monthly report from Datex Property Solutions shows retail collections totaled 87.7% in March 2021, the highest rate since the start of the pandemic...

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Nine Housing Takeaways From Biden Budget Proposal

President Joe Biden has issued his request for fiscal year 2022 discretionary funding in advance of his full budget proposal to Congress due later in the spring. Biden’s American Rescue Plan Ac...

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Delinquencies at Lowest Levels Since Pandemic Start

According to CoreLogic, for the month of January, 5.6% of all mortgages in the U.S. were in some stage of delinquency (defined as 30 days or more past due, including those in foreclosure), a 2.1-perce...

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Where Apartment Rents Are and Are Not Rebounding

In March, as GlobeSt.com reported, Apartment List’s national index jumped by 1.1%, which was its largest monthly increase going back to the beginning of 2017. That doubled historical growth in t...

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Housing Rents Pick Up After Eight-Month Lull

Rent growth in the nation’s 50 largest housing markets saw its first uptick since the pandemic began in March. Rents grew 1.1% year-over-year, according to the realtor.com Monthly Rental Report...

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April Rent Collections Near 80%: NMHC

The National Multifamily Housing Council’s latest report on rent collections showed that nearly 80 percent of U.S. rental households made rent payments as of April 6. The survey garnered respon...

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