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Chinese Real Estate | Non-bank Lending
Over the past few years, China has increasingly relied on real estate-backed loans from pawn stores. Pawn shops in the country provided $43 billion worth of loans in 2017 while the number of these stores has doubled since 2010 to more than 8,500, Bloomberg reported. Crucially, more than half the loans in 2017 were backed by real estate. Borrowers for these loans are not required to disclose how the money will be used, according to […] Full investment news article
Five Must Reads For The Cre Industry For March 18, 2019 | National Real Estate Investor
The Wall Street Journal reported on backlash from the real estate community to a proposed New York tax on expensive second homes for non-residents. Fortune recapped a panel discussion of how developers are taking Instagram into account when designing new properties. These are among today’s must reads from around the commercial real estate industry. Full investment news article