Friday, May 3, 2024

News

Full circle

Landlords pumped billions into apartment buildings during the pandemic. That bet could now go horribly wrong. While offices have been going through a paradigmatic shift as more workers do their jobs remotely, apartment buildings have...

Business investment slumps

Orders for American-made durable goods have fallen as business investments slump—a sign of an economic slowdown. The U.S. industrial sector has been falling into a slump after several years of rapid growth, with many economists...
Bishop Boyle High School

Old school, new life

An abandoned school—and neighborhood eyesore—in Pennsylvania has been renovated and rehabbed into a viable piece of real estate once again. It has happened thanks to a trio of business partners and now friends in Homestead,...

Who pays more taxes?

Benjamin Franklin wrote toward the end of his life, that “in this world, nothing is certain except death and taxes.” But while we’re all in the 100 percent death bracket, the federal income tax’s...
The Mint

42-unit multifamily trophy asset in prime Downtown Los Angeles sells for $17.5 million

The Mint, an eight-story, 42-unit multifamily property located in the heart of downtown Los Angeles, has sold for $17.5 million. The buyer was a local investor. The property, originally constructed in 1923 as an office...

Right time. Right place.

Layoffs at American tech companies have become an opportunity for small businesses, as highly skilled workers look for new work. Small businesses with less than 250 workers employed 58 percent of the total workforce in...

Regulations stunts housing (still)

A new Pew Charitable Trusts study examining jurisdictions that reformed zoning finds far lower rent increases there than elsewhere. Zoning rules that severely restrict the construction of new housing are a major violation of property...

Housing block

California’s builders and YIMBYs are at loggerheads over a bill cracking down on ‘unchecked sprawl.’ Activists who would like to see more housing built and people who build housing for a living would seem...

How to turn meetings into strategic, fun engagements

I visit with executives every week, and a trend that seems overwhelmingly true is that many companies have calendars filled with uninspiring and unnecessary meetings. Zoom meetings, calls and conference room meetings are draining the...

FOL: Fear of layoff

On the whole, the U.S. job market is doing fairly well—the most recent national unemployment rate came in at a cool 3.5 percent. And yet, if you’ve been reading economic news lately, you might...
single-family rental

SFR rent growth continues slide

A report from CoreLogic, a data and analytics company, states that the rate of rent growth in the single-family rental (SFR) market fell in February for the tenth month in a row. Year-over-year rents...

Software without a soul

With the release of AI tools like Bing Chat and Bard, people are starting to realize how helpful AI (artificial intelligence) can be to their daily lives. But as with most products used with...

Rents on the move

Yearly rent growth turned negative for the first time since the beginning of the COVID era. March rent levels dipped 0.40 percent following eight months of decelerating growth, and six months of single-digit growth...

Change the channel

Podcasts continue to grow rapidly all around the world. Podcast statistics and reports show that this medium is exploding in many countries with more listeners each year. Podcast stats tell more about how modern consumers...

Rent delinquencies stabilize in latest Pulse Survey

The “Week 56” edition of the Census Bureau’s Pulse Survey shows that the portion of renters with rent delinquencies rose to 13.1 percent, up from the 12.4 percent reported in the Week 55 survey...
Yield PRO