“Why buy when you can rent?” This is the question being asked by Bank of America Merrill Lynch’s U.S. economics team, and in tandem with BAML’s REIT analysts, the firm published a series of research pieces on apartments and rental housing yesterday. The firm outlined a number of ways to play what it believes will [...]

The buzz around Michael Lewis these days comes from his new book “The Big Short,” which is why he and Ivy Zelman were invited to speak at the Pacific Coast Builders Conference this week. Ivy Zelman, of course, is the now former the Credit Suisse housing analyst who famously asked Toll Brothers CEO Bob Toll [...]

During the economically chilling month of April, I typically lose my enthusiasm for labor. Indeed, during this past tax season, REIT Wrecks emitted nary a vowel. Unfortunately, CMBS bankers have no such luxury, lest they have no work at all. The market for CMBS remains stalled, and the lack of credit availability is stunting what [...]