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10 Must Reads for the CRE Industry Today 2022

(The Wall Street Journal)

New York City Apartment Buildings to sell for $1.75 Billion in Record Pandemic Deal:
“A venture of a New York investment firm and a U.S. residential developer has agreed to pay $1.75 billion for six Manhattan rental apartment buildings, according to people familiar with the matter, the highest price tag for a New York multifamily portfolio since the beginning of the pandemic.

Unless Congress Unlocks $52 Billion in Funding:
“The world’s third-largest maker of semiconductor wafers, Taiwan’s GlobalWafers, announced plans to build a $5 billion factory in the U.S. on Monday—but only if the government helps pay for it.

The price of conventional homes nationwide has increased by 50% in the past two years, and real estate investors are being closely watched for their role in increasing competition and driving prices up. Or the back office as we know it. These are two very contrasting views on the future of the work-from-home movement, which has become a way of life for tens of millions of Americans during the pandemic.
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