Eight Must Reads for the CRE Industry Today (Apr. 6, 2021)
New York State has moved closer to finalizing a program to distribute federal rent assistance to tenants and landlords, reports the Gothamist. Real Estate Journals looks at why commercial real estate lenders are eager to see investment in infrastructure. These are among today’s must reads from around the commercial real estate industry.
Why CRE Lenders Want to See Infrastructure Investment “Smart investments to improve the roads, ports, utilities and other vital infrastructure have the potential to unlock tremendous value for the overall economy, as well as for commercial real estate. Economic Policy Institute research indicates that an investment of $18 billion annually into infrastructure would create a first-year increase of $29 billion in GDP and 216,000 net new jobs.” (