McNellis: Does WeWork at All?
Company discloses $1 billion losses in bond offering
By John McNellis
Wall Street’s biggest houses just hawked $702 million in junk bonds for WeWork. The junk pays 7.875 percent interest and...
Housing Bubble 2 Hits Rough Spot in California
by Wolf Richter
Tripped up by “eroding affordability and persistently low inventory.”
Pending home sales in California, based on signed contracts, fell 2.6% in October compared to a year ago, the...
Anatomy of a Banking Breakdown: What it Means for Affordable Housing Development
By Rob Wilkins
More than two months after the implosion of Santa Clara-based Silicon Valley Bank (SVB) and the subsequent shuttering of San Francisco-based First Republic Bank, the short-term repercussions...
The US Cities With The Biggest Housing Bubbles
But red-hot Seattle has first back-to-back declines since 2014!
By Wolf Richter
The S&P CoreLogic Case-Shiller National Home Price Index for October, released this morning, jumped 6.2% year-over-year (not-seasonally-adjusted), up from 6.1%...
McNellis: Leaving Retail
By John McNellis
I received an invitation to attend a cocktail party in Los Angeles at next week’s International Council of Shopping Center (ICSC) meeting. In declining, I explained that we would...
Screwed: Brokers Tell-All; A John McNellis Column
“Business is the polar opposite of a high school dance—you can always find someone to screw you.”
By John McNellis
“Dear John:
I think you should write about how everyone is a...
McNellis: A Broken Compass?
By John McNellis
Does outspending your competition buy you the best talent? Of course. Does it guarantee you the World Series championship? Not so much. Just ask last year’s Los...
McNellis: Hollowing out the Museum
By John McNellis
“A full-fledged housing crisis has gripped California…” New York Times 17 July 2017
Yes, our housing crisis is so critical those envious bastards at the Times are proclaiming...
Advice to Landlords Holding Letters of Credit Issued by Silicon Valley Bank, and Landlords...
(EDITORIAL DISCLOSURE: Buchalter did not pay for the promotion of this content. It was selected for the value of its editorial contribution to our readers by our editorial staff....
Tax Incentives for Commercial Property Owners and Builders
By James Su, Managing Director, Tax
The COVID-19 pandemic continues to deliver unpredictable impacts on U.S. markets, commercial real estate included. Because of the rise in online shopping and remote...
