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Newsom Signs Budget and $100B Recovery Package

Gov. Gavin Newsom recently signed SB 129, legislation that reflects the majority of the 2021-22 state budget agreement. This budget includes the biggest economic recovery package in California’s...

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Concerned About Potential Changes to 1031s? DSTs May Be the Answer

The less available 1031s are, the less demand there will be for any number of interrelated real estate investments, argues Reid Thomas of JTC Americas. Investors—and the real estate industry at...

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Newsom Launches $1.1B Initiative for CA Beautification

Gov. Gavin Newsom launched a $1.1 billion initiative in partnership with local governments to revitalize California’s streets and public spaces through litter abatement and local beautification ...

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Deal Volume Is Up, But Market 'Nowhere Near Normal'

CRE transaction volume has picked up notably over the past few months, but the market is still nowhere near normal, according to a panel of experts Trepp recently convened to talk about valuation tren...

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Multifamily Lending Demand Holds Steady

The multifamily sector saw the smallest year-over-year decline of any property category, according to MBA’s latest survey. Commercial and multifamily mortgage loan originations decreased 14 per...

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June Job Creations Beat Expectations Yet Unemployment Rate Increases

The Bureau of Labor Statistics (BLS) reported that there were 850,000 jobs created in June, which was stronger than expectations of 700,000 new jobs. In addition, there were slight positive revisions ...

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Lenders Work With Apartment Owners As Moratoriums Stretch On

The state and federal eviction moratoriums kept untold millions of people off the streets as the US economy struggled during the pandemic-led downturn. Many landlords were able to weather this disrupt...

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How Biden’s Proposed Tax Laws Could Affect Small Business Owners

This year will be an opportune time for small business and property owners to reevaluate their current situations, predicts Daniel Levison, CEO of CRE Holdings. Many of President Biden’s campai...

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California Economic Activity Index Steadily Climbs

Comerica Bank’s California Economic Activity Index increased in April to a level of 110.9. April’s reading is 19.6 percent above the historical low of 92.7 set in June 2020. The index ave...

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Fed’s Stress Tests Show Banking System is “Strongly Positioned”

Several of the nation’s largest banks said Monday that they would increase their dividends following the results of this year’s stress tests by the Federal Reserve Board. All 23 institutio...

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