Real Estate & Construction News Round-Up 04/13/22

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Phishing schemes target the mortgage industry, housing prices rise in Europe as Ukrainian refugees flee from their home country, the SEC announces new climate change regulations that will impact commercial real estate, and more.

  • The Federal Reserve aims to rein in one of the biggest drivers of runaway inflation: the U.S. housing market. (Lance Lambert, Fortune)
  • Late last month, the SEC announced that publicly traded organizations would soon need to disclose their climate change risks and exposure, causing a shake up in the real estate industry. (Hiten Samtani, The Real Deal)
  • As the purpose of in-person office work continues to be questioned, the return to office debate causes challenges for occupier services, a backbone of commercial real estate. (Patrick Sisson, Bisnow)
  • Housing prices are sharply increasing as more Ukrainian refugees flee into European countries such as Germany, Poland, and the Czech Republic. (Zuzanna Szymanska, Reuters)
  • Alphabet’s Google unit plans to invest roughly $9.5 billion on its U.S. campuses and data centers, leading to approx. 12,000 new jobs by the end of the year. (Karishma Vanjani, Barron’s)
  • Phishing schemes continue to be the most prominent form of cyber attacks in the mortgage industry, compromising sensitive information on lenders’ systems and mortgage transactions. (Maria Volkova, Housing Wire)