NREI Daily
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MARCH 26, 2019

Top Story

Finance & Investment

Opportunity Zones Hype Overshadows Potential Pitfalls and Risks

Dozens of Opportunity Zone funds are racing to capture a wave of private equity dollars seeking value-add investments that come with the added perk of a hefty break on capital gains taxes. The frenzy is creating a bit of a Wild West mentality that has some raising concerns about the potential dark side to Opportunity Zones.

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Analysis

Multifamily

Lower Interest Rates Should Drive More Acquisitions in the Multifamily Sector

Borrowers have an unexpected second chance to get low-interest financing to buy or re-finance apartment properties, thanks to growing worries about the slowing U.S. economy.

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Commentary

Multifamily

Making Rent-Controlled Properties Work for You

C ommunities around the country continue to push toward instituting rent control laws, creating an environment of political uncertainty that is driving many multifamily investors out of those markets. But there are investors who have opted to take on the challenge of buying rent-controlled properties, believing that if handled correctly, such properties offer great opportunity.

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NREI Wire

Retail

Neiman Strikes Preliminary Debt Deal to Extend Maturities

A majority of Neiman Marcus Group Inc.’s lenders and noteholders preliminarily agreed to extend maturities on the company’s debt, giving the luxury retailer more time to overhaul its $4.6 billion of borrowings.

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Multifamily

Home Prices in 20 U.S. Cities Post Smallest Gain in Six Years

Home prices in 20 U.S. cities registered their smallest gains since late 2012, decelerating for a 10th month in January as buyers held out for more affordable properties.

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10 Must Reads for the CRE Industry Today

The U.S. Treasury yield curve is now close to a level at which the Fed has historically cut interest rates, reports Reuters. WeWork’s losses in 2018 doubled to almost $2 billion, even while revenue grew, according to MarketWatch. These are among today’s must reads from around the commercial real estate industry.

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