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Houston Landlords And Tenant Advocates Scramble To Unpack Legal, Financial Ramifications Of The CDC Eviction Moratorium
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In an unprecedented move, the Centers for Disease Control and Prevention announced a national residential eviction moratorium last week, which it said is aimed at providing housing stability to vulnerable renters during a public health crisis.
City of Houston officials and tenant advocates were already debating the creation of a local eviction grace period ordinance. For now, the new eviction moratorium has interrupted that debate.
News of the CDC eviction order emerged late in the day on Sept. 1, catching Houston landlords and tenant advocates mostly by surprise. Under federal public health law, the agency has the power to introduce measures to prevent the spread of communicable diseases in…
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Top Stories on Bisnow.com
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As Energy Sector Disruption Continues, Other Industries Consider Waller
The energy downturn has forced many U.S. energy companies to reduce their office footprints, lay off their staff or even file for bankruptcy, a reversal of the strong growth the sector has enjoyed since oil prices last plummeted in late 2014.Typical energy expansion and investment activity have fallen sharply, leaving…
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Analysts Weigh In On What CRE Can Expect For Each Asset Class In Q4
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Most years, we are not ready to say goodbye to summer, but this year things are different. There is the economy, there is the election, there are kids and other loved ones at home, there are restrictions on what we can and cannot do, there is Zoom and there is a global pandemic.
And save one or two silver linings, none of it has been too kind to commercial real estate. No one knows when it will all end or get back to normal, but one thing that is normal is today — the day most of the business world says goodbye to summer and begins the mad dash to the end of the year.
You would never know it, but much has happened in 2020. If you're suffering from pandemic haze and have lost track of where things stand in the industry, or even what day it is, Bisnow has you covered: We broke down all of the major commercial property asset classes to help you get up to speed — where the sectors have been since the beginning of the year, where they are now and what expert analysts think will happen as we march toward 2021.
Read the full story here.
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This 30-Year Tishman Vet Is Now Going Big Into Proptech
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After a 30-year career at one of the world’s top developers, many real estate professionals would be happy with a comfortable retirement or a few cushy non-executive directorships. Not so former Tishman Speyer Senior Managing Director Michael Spies.
Having left Tishman in January, after pioneering the firm’s business in Europe, Spies is making waves in the world of proptech. He has set up his own investment firm, Fuse Ventures, joined the board of well-known tenant engagement firm Equiem and, most recently, joined one of the largest investors in the proptech world, Navitas Capital, as a venture partner.
Navitas, whose backers include JLL, Equity Residential, AvalonBay and Saint Gobain, is raising its third venture capital fund targeting real estate and construction technology. At $100M, it will be one of the largest yet raised in the sector.
Read the full story here.
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In 2020, Job Interviews Went Virtual. Here's How CRE Recruiters Are Making It Work
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Social distancing, lockdowns and quarantines have changed the way we work, the way we meet, and when it comes to job searches, it is also changing the way we interview.
According to Kati Baker, the director of recruitment for Downtown Apartment Co., a brokerage in Chicago, the demands of the coronavirus pandemic forced a complete overhaul of its recruiting and hiring process in a matter of weeks.
“Prior to the pandemic, our interviews were all conducted in person, so this is the first time I've done virtual interviews,” she said. “It was a totally new experience for me.”
While DAC has made several new hires via the new, online process, every new technology has its pros, cons and learning curves. Bisnow checked in with Baker along with recruiters at Walker & Dunlop and Draper and Kramer about how they, and their candidates, are making the shift.
Read the full story here.
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Jeff DeBoer On His Game Plan To Push The CRE Agenda Before The Election
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