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Freddie Mac is making its first foray into green bonds, starting a new commercial mortgage-backed security program backed by loans to apartment building owners who agree to make their properties more environmentally friendly.
Federal Reserve Chairman Jerome Powell and his colleagues face three decisions when it comes to reducing interest rates: whether to do it, when to do it, and by how much.
The real estate industry says too strict rent regulations would affect not only wealthy landlords, but also the working class, reports The New York Times. Luxury condos at the Waldorf Astoria hotel will hit the market as the supply of new luxury apartments is expected to be at a peak, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
