Filtered by author: Lisa Dacres Clear Filter

CRE Industry Steps Forward For Some Women, Stalls For Others

Originally published on September 6, 2022 by Patrick Sisson for Bisnow National.

Women in commercial real estate, particularly those in the upper echelons of management, have made gains when it comes to equity and pay parity in the workplace, but talent pipelines, mentorship and diversity in leadership ranks still leave something to be desired.

That’s according to a pair of new surveys on the careers and perceptions of women in commercial real estate as the industry goes through a generational upheaval in the aftermath of a pandemic and racial reckoning that have changed the way workplaces work.

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Affordable-Housing Projects Derailed as Developers Struggle for Financing

Originally published on September 3, 2022 by Rebecca Picciotto for the Wall Street Journal.

Affordable-housing developers nationwide are stalling work on new projects, delaying thousands of units from coming to market when the U.S. already has a broad deficit of low-income housing.

Rising interest rates and inflation have made financing for affordable housing more difficult and costly. Supply-chain issues for materials like lumber and appliances have eased a bit recently but haven’t gone away.

These forces can disrupt all types of property development, but they have been especially detrimental to affordable housing. Developers of market-rate apartments can raise rents when they are running low on cash. Affordable-housing developers tend to be limited in their rent increases in order to qualify for federal tax credits.

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