Fed, EB-5 and Blackstone: 10 Biggest Bisnow Stories of the Week
1. After nearly a decade at near-zero, the Fed finally announced its long-awaited interest rate hike. [Bisnow]
2. Don't miss what these top economists have to say about the Fed's rate hike. [Bisnow]
3. To bubble or not to bubble? According to data, loosening lending restrictions are trending eerily close to 2008 pre-crisis levels. [Bisnow]
4. And on the topic of retail, here are the top five trends for 2016 (according to Kimco's president). [Bisnow]
5. Developers breathe a sigh of relief as Congress extends the EB-5 program. [Bisnow]
6. US Department of Labor confirms what many already suspected—rent's not only too damn high, it's outgrowing wage growth 2:1 this year. [Bisnow]
7. After beating out Chinese bidders, Blackstone closes on the massive $6B Strategic Hotels deal. [Bisnow]
8. The largest mixed-use in US history scores $5B in financing. [Bisnow]
9. The country's three biggest landlords want a piece of the Airbnb action. [Bisnow]
10. But will that action be around for long? New report suggests Airbnb risks becoming the Napster of short-term rentals. [Bisnow]
