Property News
Three Trump Buildings in NYC to Be Renamed in Nod to Residents
Wall Street Journal - 16 Nov 2016 04:52
A national apartment building company said it would take President-elect Donald Trump's name off three New York City high-rises after tenants complained they were embarrassed living in buildings associated with someone w...
Modular Building Believed to Be World's Tallest Makes Debut in Brooklyn
Wall Street Journal - 16 Nov 2016 04:55
What is believed to be the world's tallest modular building made its debut Tuesday in Brooklyn, a 32-story rental tower constructed with prefabricated units stacked like Legos.
Trouble Brewing in Commercial Real Estate
Wall Street Journal - 16 Nov 2016 04:26
Defaults are rising in a key corner of the commercial real-estate debt market just as borrowing costs are set to jump, raising the likelihood of a slowdown of the $11 trillion U.S. commercial property sector in 2017.
Mortgage applications tank 9% as post-election rates soar
CNBC - 16 Nov 2016 14:00
After Trump's victory, total mortgage application volume fell 9.2 percent on a seasonally adjusted basis last week.