Commercial Real Estate & Business News – January 4, 2021

CoStar Predicts: US Economy Returns to Growth Mode
U.S. gross domestic product, the key measure of economic growth, could return to levels it experienced before the coronavirus pandemic by the end of next year, though it is expected to be surpassed by growth in Asia. If the United States can widely distribute vaccines by next spring…»
2021 Outlook for REITs and Commercial Real Estate: Risk and Resilience
What didn’t cause the recession is as important as what did. The outlook for 2021 remains uncertain, in part due to the continuing risks from the coronavirus (as of this writing, new cases of COVID-19 were surging, but three vaccines had been reported to have high success in preventing…»
A CRE Investor’s Checklist for 2021
As 2020 draws to a close, investors are happy to be rid of its turbulence and setting their sights on the promising opportunities the next year holds. With COVID vaccines nearly ready to deploy and only a few weeks until the inauguration, the future seems bright. Yet, 2021 brings…»
Fannie Mae, Freddie Mac Extend Multifamily Forbearance Through March 31
Fannie Mae and Freddie Mac are extending COVID-19 forbearance for qualifying multifamily property owners through the first quarter of 2021, announced the Federal Housing Finance Agency. The government-sponsored enterprises’ (GSEs’) programs, which require landlords…»
The Good, The Bad, and The Likely for Housing in 2021
Despite the pandemic, incredibly, the housing market has surpassed all expectations in 2020. Applications to purchase a home hit a low point in the spring due to stay-at-home orders and mandated business closures, but have rebounded swiftly. As of the week ending December 4…»