Our Kingsford brand has a new member of its grilling team! Recently retired legend of the gridiron Jason Kelce —with a blitz from fellow champion Vince Wilfork — will encourage more grilling as a way to help people slow down and savor quality time with family and friends. Learn more about the partnership and campaign: https://ow.ly/yJHN50Sr6Vf
Willy - great responses to the CNBC questions. And I agree that the banks have averted a crisis in commercial lending; however, plenty of other brewing challenges are ahead for most Americans.
The yield curve is still inverted - bad news for most of the non-public developers/owners for the next 18 months. This will be a challenge for a substantial number of owners and their permanent lenders (CMBS and Agencies).
Multifamily owners are facing unprecedented higher costs including insurance, property taxes, and labor. These costs will be passed along to tenants. However, a popular theme is that corporate greed is the problem and not the unprecedented inflation over the past three years.
The Biden/Harris/Walz proposal to limit rent increases to 5% per annum will have unintended consequences. Class A- and B properties will not be improved, which will lead to a tsunami of sub-standard Class C properties. Affordable maybe, but unlivable. Check out New York and Chicago.
Perversely, the affordable market has been propped up by 15 million new non-residents who are seeking shelter. The supply/demand curve for affordable housing has been rocked by this unprecedented demand. Rents are still rising despite significant supply increases.
Not a great scenario when wage increases are significantly less than rent increases.
And the $25,000 new homeowner credit will not be equitable. Renters who cannot qualify will be left behind -only new homeowners will qualify. What about all the buyers who just bought a home and did not receive this graft? This is akin to the college debt relief program - the students who worked hard to pay off the debt will be disenfranchised.
IMHO, 2025 will strain consumers' wallets, particularly the majority of Americans who cannot/shouldn't pay more than 30% of their income on rent.
Our Chairman and CEO of Walker & Dunlop, Willy Walker will be speaking with David Faber and Sara Eisen live from CNBC’s New York studio this morning at 10:40am ET on Squawk on the Street. Be sure to tune in!
Josh discusses his experience with the Yelts and his decision to rejoin the Bards in a conversation with Stuart Morse. Check out the video at this link: . or go to the website and Videos. #bardyarmy#winners
In the Market of Giants (and 49ers), Our Local Focus Makes Us Mighty
In today's globalized world, it's easy to overlook the power of local expertise and commitment. But at NASLEF, we understand that being an underdog can be a superpower. Our members, often considered niche players compared to industry giants, are thriving thanks to their unwavering dedication to serving specific local and regional geographies. Here's why we believe this focus is a strategic advantage:
1. Deep Community Roots: Our members are woven into the fabric of their communities. They understand the unique needs, challenges, and opportunities of their local markets like no outsider can. This deep understanding fosters trust and loyalty with partners, creating a competitive edge in a world increasingly craving authenticity.
2. Unwavering Passion: Our members are driven by a genuine passion for their communities and the people they serve. This passion translates into exceptional service and dedication, qualities that resonate deeply with partners who value personal connections and meaningful interactions.
3. Collaboration and Innovation: Our members recognize the power of
collaboration. They readily share knowledge, resources, and best practices, fostering a culture of innovation that benefits both individual businesses and the community as a whole.
4. Building a Stronger Future: By investing in their local communities, our members are building a more resilient and prosperous future for all. They create homes, support local businesses, and contribute to the overall well-being of the regions they serve. This commitment to shared success
sets them apart from corporations solely focused on maximizing profits.
We are proud of our members, the underdogs who are proving that local focus and commitment can be a winning formula. They are an inspiration to us all, demonstrating that true success often lies in serving your community with passion, dedication, and a commitment to making a positive impact.
Are you also committed to your community and affordable housing? Consider joining NASLEF and becoming part of a network of passionate, innovative underdogs who are proving that local focus is a recipe for success. Together, local presence can make a national impact.
#NASLEFnetwork#truegrit#onepride
Executive Director, NASLEF | Not-for-profit Leader | Fostering Connections | Systems Thinking | Community Driven Board Member
The numbers don't lie, the 49ers are the champion - and Novogradac & Company LLP is the champion in affordable housing professional services.
**Be careful about the promises you make after an AHTCC reception! 😉
What a beautiful day at Levi's Stadium with the sky starting off a Honolulu Blue but turning red and yellow along with the fate of the game. What a great season for Detroit. Whoever is America's team, Detroit will always be mine. 💙 #onepride
Chapter 1
Once upon a time---
There was a rowdy pack of Vanner's, known as “the BIG 3”
Everyone ran for higher ground…
For they knew that their pink slips were not safe.
The End. 📌
--
Stories are important when creating.
They offer:
📌Vision cast
📌Intended target/focus
📌Proper character development
But heck- who doesn't enjoy a good story?
The RTV’s (Respect the Van) were no different and incredibly necessary, and
in the days to come- we will unpack the 3 that you see here.
📌Dodge “YER’ NEXT” A-100
📌Ford “BOOST” Econoline
📌Chevy “BRUTUS” G/10
If so, be sure to follow along this week.
So, -- ⤵
✅Do you have a FAVE out of the bunch?
---
I’m Scott from Studio 669 and I look forward to unpacking these with you.
If you dig that you happened upon this post
✅Give a follow and we'll drop cool into your feed on the daily. That's a promise.
📌P.S. Check the comments below for a public service announcement.
#dodge#ford#chevy#van#adventure
Love this! https://www.pristine.llc/news/biodegradation