NREI Daily
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MARCH 29, 2019

Top Story

Property Management

Commercial Real Estate Still Struggles with the Talent Deficit. What Solutions Are Available?

If you’re tired of hearing about the talent deficit, which we’ll focus on for this column, consider that this, in itself, might be part of the problem. It’s clear, investors say, that an aggressive and often policy-shifting attack on the issue of executive recruitment is called for.

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Analysis

Multifamily

Demand for Workforce Housing to Remain Strong in 2019

Strong demand for workforce housing should continue in 2019, boosting investment in the sector, according to industry experts. As the unemployment rate keeps falling, new households form, boosting demand for apartments, particularly for workforce housing, as it offers inexpensive housing options, according to John Sebree, director of the national multi housing group with brokerage firm Marcus & Millichap.

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NREI Wire

Northeast Is Now the Place to Find a New Apartment: Justin Fox

The majority of new housing units authorized last year in the Middle Atlantic states were buildings with five or more units.

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WeWork's Breakneck Growth Hits Resistance as Banks Get Cold Feet

Banks and investors that have financed buildings leased to WeWork in the past are becoming more cautious about doing new deals.

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10 Must Reads for the CRE Industry Today

Federal government charged Facebook with housing discrimination for allegedly allowing landlords and real estate brokers to shield who can see certain housing ads, reports NPR. Barneys will downsize its Madison Avenue store, according to the New York Post. These are among today’s must reads from around the commercial real estate industry.

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