Advertiser Disclosure

advertising disclaimer
Skip to main content
5 o clock

5 at 5: Your Daily Digest for Real Estate Investing, 1/14/21


[Updated: Jan 20, 2021] Jan 14, 2021 by Marc Rapport
Get our 43-Page Guide to Real Estate Investing Today!

Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real estate investing guide.

*By submitting your email you consent to us keeping you informed about updates to our website and about other products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Statement and Terms & Conditions.

Jobless claims soaring again, national affordable housing initiative, opportunities in reverse logistics, and New York, New York.

In Today's News

Huge Step in the Wrong Direction: Jobless Claims Soar

The Labor Department reported today that another 965,000 Americans filed for first-time unemployment benefits last week, the most in several months as the pandemic worsens.

Why it matters: With the inauguration of President-elect Joe Biden less than a week away, CNN says Thursday's report again hammers home that the new administration's first priority has got to be more stimulus. Indeed, real estate investment of all kinds, perhaps the whole economy, depends on the results.

Enterprise Announces $3.5 Billion Initiative to Counter Housing Inequities

The national affordable housing nonprofit says its Equitable Path Forward initiative includes a mix of lending, grants, and tax incentives that leverage the New Markets Tax Credit and opportunity zones.

Why it matters: Enterprise is just one of a number of organizations -- some private, some public, some quasi -- involved in this kind of lending and development. It'll be interesting to see where investment opportunities emerge under a new administration with different priorities than the outgoing policymakers.

Reverse Logistics Facilities Increasingly Attractive As an Investment Option

What's good for the goose can be bad for the gander as a growing amount of product returns can be costly for e-commerce vendors but just add to the need for logistics warehouses to handle reverse flow.

Why it matters: This report from WealthManagement.com nicely rounds up what experts at some major commercial real estate brokers and other stakeholders see as real opportunity in that kind of industrial real estate.

Manhattan Bargain Hunters Drive a 94% Jump in Apartment Leases

Bloomberg [subscription required] reported today that Manhattan apartment leases almost doubled last month, calling it a sign that sliding rents and landlord freebies are drawing tenants to New York's costliest borough.

Why it matters: People moving back into the big city are going against the flow, it would seem, but this is one way to make that happen. And some rent is better than none.

Today on Millionacres

New York Gov Plans to Convert Empty CRE to Residential: Should Investors Cheer or Jeer?

Gov. Andrew Cuomo this week proposed legislation that would open a five-year window for the conversion of Manhattan office buildings and hotels into residential use.

Why it matters: Hotel and real estate trade groups are aboard, and backers say it could lead to encouraging work-live-play developments, especially of the 24/7 variety, in the heart of the Big Apple. A development that bears watching. After all, if they can make it there, guess they can make it anywhere.

Got $1,000? The 10 Top Investments We’d Make Right Now

Our team of analysts agrees. These 10 real estate plays are the best ways to invest in real estate right now. By signing up to be a member of Real Estate Winners, you’ll get access to our 10 best ideas and new investment ideas every month.

Find out how you can get started with Real Estate Winners by clicking here.

The Motley Fool has a disclosure policy.