5% Rent Cap is No Cap

Season 1, Episode 3: Jack and Alex delve into the latest commercial real estate headlines, including Biden's Rent Control Proposal, which aims to introduce a 5% annual cap on rent increases for major apartment landlords in order to maintain federal tax breaks. Plus, delinquencies and special servicing of multifamily loans backed by commercial mortgage-backed securities surged 185% in the past six months.    TOPICS 0:20 Introduction 4:03 Multifamily loans have surged 185% 7:27 Tides Equities' recent foreclosures 11:06 Student housing pre-leasing for Fall 2024 13:34 The effects of reevaluating college degrees 15:01 Vacancies in the retail market 18:10 Brookfield's future CEO 19:36 The effects of Joe Biden stepping down 26:15 How do owners react to a 5% cap? 28:54 SASB loans 37:14 RealPage forecasts rent growth 46:32 Federal Reserve's likely rate cuts   We want to thank our sponsor Viking Capital.