The Direxion Work From Home exchange-traded fund (ticker WFH), the largest with $37 million in assets, has plunged 44% over the past year and hasn’t seen an inflow since November 2021.
Fannie Mae has a plan to help renters with low credit scores, reports USA Today. New York’s port has become the busiest in the U.S., according to the New York Post. These are among today’s must reads from around the commercial real estate industry.
“The transition to remote work because of the COVID-19 pandemic has been a key driver of the recent surge in housing prices,” economists Augustus Kmetz and John Mondragon, of the San Francisco Fed, and Johannes Wieland of the University of...
Land use restrictions are making it difficult to find places to build new housing in the U.S., reports The Wall Street Journal. Roughly half of Washington, D.C. and New York office employees worked remotely in 2021, according to Census Bureau data...
The chief destroyer of rent-stabilized units since 2000 has been something called high-rent decontrol, which shifted an average of 7,244 units a year from regulated to unregulated.
These were some of the biggest alleged distortions included in the lawsuit after years-long probe, which pulled from millions of pages of corporate documents and sworn testimony from dozens of witnesses.
Commercial Observer looks at the impact of the new interest rate hike on commercial real estate industry. Amazon is reworking its distribution strategy after pausing its warehouse expansion, reports The Wall Street Journal. These are among today’s...
The shifts imply that companies’ efforts to get workers to come back to the office for at least part of the week after the US Labor Day holiday are having their intended effect. Subway usage reached 3.76 million on Tuesday, the most since the...
High natural gas prices are leading European-based manufacturers to shift operations to the U.S., reports The Wall Street Journal. The AIA’s latest billing index shows demand for design services accelerated in August. These are among today’s must...
