$8B-$12B in Insured Losses from Hurricane Laura Wind and Storm Surge: Estimate

According to new data from CoreLogic, insured wind and storm surge losses for residential and commercial properties in Louisiana and Texas are estimated to be between $8 billion and $12 billion, with insured storm surge losses estimated to contribute less than $0.5 billion to this total.

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Single-Family Rent Growth Tumbles to Decade Low

Rent growth for single-family homes has skidded to its lowest level in a decade, according to a recent report from Corelogic. So reports CNBC.

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Multifamily Rents Keep Falling Despite Prime Leasing Season

Multifamily rents extended their nationwide decline in May despite what would typically be the height of prime leasing season, according to new research from commercial real estate data firm Yardi Matrix. So reports GlobeSt.com.

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Billionaire Restaurateur Warns of Commercial Real Estate Bust

Billionaire Tilman Fertitta, CEO of Landry’s, has cautioned that if landlords don’t allow tenants to hit pause on their rent payments, a “commercial real estate bust” may result. So reports FOX Business.

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