NREI Daily
Wealth Management FinTech
 

SEPTEMBER 11, 2019

Top Story

Multifamily

Lenders Won’t Cover Rising Construction Costs on Multifamily Projects

Apartment developers across the U.S. are struggling to pay for the rising cost of construction. Banks and debt funds are still eager to make construction loans at low interest rates, but these loans are not typically large enough to cover the higher cost of development. Many developers are now being forced to accept lower profits to make their deals work.

FULL ARTICLE

Advertisement

Commentary

Property Management

How Long Will True Diversity Elude Commercial Real Estate?

Diversity and inclusion are still lacking in this industry, and we need to catch up. This is why conferences, including our own upcoming Global Summit, still need to drive home the importance of diversity within and at the leading edge of our ranks.

FULL ARTICLE

Advertisement

NREI Wire

WeWork Mulls Governance Changes to Save IPO

WeWork financial advisers JPMorgan Chase and Goldman Sachs have created a push to reform the firm’s governance.

FULL ARTICLE

Stung Luxury Dorm Bondholders Say University Broke Promises

Bonds issued in 2017 to finance student housing at the University of Oklahoma lost a third of their value after the university terminated its lease agreement.

FULL ARTICLE

10 Must Reads for the CRE Industry Today

The Trump administration is pushing Congress to take action on the GSEs, reports Reuters. Forbes looks at three CEOs transforming real estate. These are among today’s must reads from around the commercial real estate industry.

FULL ARTICLE