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Existing homes sales market falls again, market lacks sellers
August 23, 2023
Mark Paul Cervantes
Housing Wire
Comments Off on Existing homes sales market falls again, market lacks sellers
“Home sellers are buyers” — this is a phrase that I have been using in my economic work to explain the reality of the housing market recently. Obviously, people don’t sell a home to be […]
Developers want to convert unused offices into housing — here’s what’s stopping them
April 22, 2024
Mariel Alumit
New York Post
Comments Off on Developers want to convert unused offices into housing — here’s what’s stopping them
It’s a problem with an obvious solution. Since there are not enough cheap apartments at the same time many city offices remain empty, it would make sense to convert those fiscally distressed office towers into housing. […]
Commercial real estate market faces next wave of financial stress, says Apollo CEO
May 3, 2023
Mark Paul Cervantes
Commercial Real Estate, Top News, U.S Real Estate News
Comments Off on Commercial real estate market faces next wave of financial stress, says Apollo CEO
THE Financial world is increasingly warning of the pain to come for owners of office buildings. Investment leaders, from Apollo Global Management’s Marc Rowan to Cain International’s Jonathan Goldstein and Citigroup chief executive officer Jane […]