JANUARY 22, 2021

Top Story

MBA Wants to See More Stimulus Money for Renters, Restaurants, Hotels and Retailers

By John Egan, Contributing Writer

In a Q&A, WMRE chatted with Mike Flood, senior vice president of commercial and multifamily policy at the Mortgage Bankers Association, about President Biden’s proposals, as well as about the importance to owners of multifamily properties and other commercial buildings of stamping out the pandemic.

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Commentary

In a Virtual World, Being “Well-thy” Takes on a Whole New Meaning

By Abby Salameh

It comes as no surprise that the events of the past year have caused many of us to reexamine what being wealthy truly means.

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Market Trends and 2021 Outlook

Taking the Reins in 2021: A Proactive Approach

Sponsored by Partner Engineering & Science

For 2021, let's focus on what we can control: strategic asset management, solid risk management, and informed investment decisions.

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WMRE Wire

Biden’s First Steps on Eviction Ban Won’t Prevent Larger Crisis

Bloomberg

“We have to get back to the basic problem that many of these tenants simply don’t have the income to pay the rent,” said Barry Zigas, senior fellow at the Consumer Federation of America.

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U.S. Hotels Suffered Worst Year Ever with Nearly Zero Profit

Bloomberg

Occupancy for U.S. hotels averaged 44 percent in 2020, the lowest number on record, according to STR.

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Trump Reveals Extent of Pandemic Damage to Business Empire

Bloomberg

Revenue from the Trump hotel in Washington, D.C. and hotel properties in Las Vegas fell by more than half from 2019.

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10 Must Reads for the CRE Industry Today

WMRE Staff

The New York Times looks at whether cash-strapped New York City is more likely to get a casino. The Wall Street Journal looks at the challenges faced by new small-time landlords. These are among today’s must reads from around the commercial real estate industry.

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