Property News
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Property News for 15 June 2021
A Covid-era lease break for retailers looks set to become industry standard, WSJ reports
CNBC - 15 Jun 2021 23:09
Flexible leasing agreements allowed retailers to manage costs and have been particularly helpful for new retailers, the Journal reported.
With eviction ban expiring in 14 days, many states have given out under 5% of rental assistance
CNBC - 15 Jun 2021 21:45
Many states have been slow to give out the billions of dollars in rental assistance allocated by Congress. That could soon result in a wave of evictions.
Rents for single-family homes just saw the largest gains in nearly 15 years
CNBC - 15 Jun 2021 19:06
With home prices sky-high, demand for single-family rental homes is soaring - and so are the rents.
Top two floors of Palmolive Building penthouse, once owned by Vince Vaughn, listed for $11.9M
Chicago Tribune - 15 Jun 2021 16:43
The top two floors of the triplex penthouse in the Palmolive building that actor Vince Vaughn once owned were listed for sale on Monday for $11.9 million.
Homebuilder sentiment drops to 10-month low, as construction costs drive prices higher
CNBC - 15 Jun 2021 16:25
Rising construction costs are sidelining buyers and making it harder for some builders to get construction loans.
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