In today's news
The Big Apple Begins Its Big ReopeningWell behind other areas of the country, it's curbside pickup only for nonessential shops in the first phase of reopening in New York City, but when it's a market this big, that's a significant check on the to-do list of economic pandemic recovery in the U.S.
Black Knight (NYSE: BKI) reports the first reversal in the number of mortgages in forbearance and the data firm says a focus now will be on how much of those deferred payments will be made up, and when.
San Francisco remains the nation's most expensive rental market by a significant margin but saw a 9% drop from this point last year. Declines or flat growth were detected in multiple major markets in the June national rent report from Zumper.
Market Moves and Movers
Cash flow is as attractive as long-term appreciation, while warehouses, multifamily, and medical are promising verticals, according to this review of where family offices and other high-net-worth individuals (HNWI) are seeing value in commercial real estate investment.
Investing With Purpose
Here are four ways to be a more socially responsible landlord, from a Millionacres writer who incorporates these ideas into his own properties.
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