| October 12, 2016 Top Story By Diana Bell, Staff Writer Quite a few celebrities with money to burn have wisely invested in commercial real estate as a means to build upon their wealth. In some cases, they have invested casually, while others have turned investing into a second career. Read on to see who has grown from entertainment-deal sealers into commercial real estate closers. FULL ARTICLE |
Analysis By Beth Mattson-Teig, Contributing Writer Robust multifamily lending has prompted the Federal Housing Finance Agency (FHFA) to raise its market rate lending caps at both Fannie Mae and Freddie Mac twice this year and the door is still open on a third increase before year-end. FULL ARTICLE |
NREI/IMN 2016 CRE Awards By NREI Staff Rosenberg & Estis P.C. regularly hosts educational seminars for its clients. This provides clients with the opportunity to learn about new or changing laws. FULL ARTICLE |
NREI Wire Bloomberg According to CBRE data, 50 out of 68 off-campus student housing complexes that changed hands during the first half of 2016 served students whose schools field football teams in the NCAA’s Division I—the highest level of competition. FULL ARTICLE |
Bloomberg It’s tougher out there for New York City’s commercial real estate developers seeking cash for their latest projects. FULL ARTICLE |
Must Reads By NREI Staff Goldman Sachs contends Chinese capital has entered U.S. real estate investments at a higher rate than previously reported, according to The Real Deal. Strata Equity Group acquired Southeast Resident Portfolio's 24 properties for $720 million, one of the largest multifamily transactions this year, MultiHousing News reports. These are among today's must reads from around the commercial real estate industry. FULL ARTICLE |
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