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Dear Newsletter Subscriber: As a service to our readers, Commercial Property Executive is launching this new daily e-newsletter. CPE Daily News Update will be delivered every weekday morning, offering you an overview of our most recent news coverage plus stories we’re working on, to be reported more fully as the day and the news unfold. This section, “Top Stories in Progress,” will normally contain headlines on the latest top news, which we’ll be reporting throughout the day. CPE Daily News Update will keep you up-to-date as the market changes, providing insight and perspective to help you interpret what the news…

They’re Back: REITs Once Again Find Favor

By Fred B. Cordova III, Colliers International

When the commercial real estate markets flame out, REITs act as the fire engine that comes to the rescue of capital structures consumed by debt.

Today’s Market Provides a Jolt of Reality

By Ken Riggs, Real Estate Research Corp.

With growth still very weak, inflation nearly non-existent, and the unemployment rate at 9.6 percent (the longest period of time that the unemployment rate has been 9.5 or higher since the U.S. began keeping records in 1948), it was no surprise that the Federal Open Market Committee decided to purchase another $600 billion of treasuries over the next eight months in an attempt to re-ignite the economy.

JLL Fall U.S. Capital Markets Investment Outlook: Future Looks Bright

The report shows a sharp uplift in total investment transaction activity during the first three quarters of this year. JLL finds that nearly $60 billion in investment trades were made, up 83 percent from the same period in 2009.

Tax Code on the Minds of Real Estate Investors

By Joey Odom, Stan Johnson Co.

We no more have a crystal ball into what Congress will ultimately do on the issue of tax rates than anyone else. It is clear that the tug-of-war between political parties not only continues but is heightened by the impending return of control over the House of Representatives to Republicans, who are not in favor of any increase in taxes at this time.

Multi-Family Investors Beware: Keep an Eye on GSE Reform

BY Bob Dougherty, Buchanan Street Partners

The multi-housing market owes an extraordinary debt of gratitude to government-sponsored enterprises, whose outsize presence in the market has been monumental in fueling its growth and, more recently, its revival from the depths of the credit markets crisis. Yet while the GSEs have never played a larger role in financing apartment communities, many are questioning their usefulness, the necessity of their mandate for the future, and whether we as a nation can afford the costs of a federal hand (or handout) in housing finance.

Construction Lending Market Re-Emerges

By Tim Fish and James Tramuto, Jones Lang LaSalle

Banks are slowly but surely shoring up their balance sheets. In need of assets that earn well, they are lending on commercial real estate again.