Erik Sherman
Journalist at Freelance
Biz/econ/finance/tech/politics writer. Art, food, craft. Pitches: query at eriksherman dot com. DMs open. Cranky is as cranky does and I do often.
Articles
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1 day ago |
forbes.com | Erik Sherman
Donald Trump posted on Truth Social, Sunday evening, promising lower U.S. drug prices with cuts by 30% to 80%, “almost immediately.” He followed with an executive order on Monday. Some of his observations of an ongoing problem are interesting and likely correct. However, his promise of a solution suggests an ability of the government to set prices and take actions in ways that it lacks. Understanding Global Drug PricesTrump is correct about an “imbalance” in global drug pricing.
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1 day ago |
globest.com | Erik Sherman
AFIRE’s quarterly survey of its members collects their attitudes toward cross-border investment in commercial real estate. The most recent one, from Q1 of 2025, showed significant changes from the end of 2024 — and they aren’t all good for U.S. CRE markets. The roughly 180 institutional investors, pension funds, asset managers, and other organizations across 25 countries, which together oversee $3 trillion in AUM, had been “cautiously optimistic” at the end of last year.
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1 day ago |
globest.com | Erik Sherman
A Senate bill, the Housing Affordability Act, introduced by Senators Ruben Gallego (D-AZ) and Dave McCormick (R-PA), is an attempt to increase affordable housing stock by updating multifamily loan limits under Title II of the National Housing Act. “By updating a nearly two-decade-old loan limit, the Housing Affordability Act will expand access to affordable loans for building multifamily housing and ultimately bring down housing costs,” said Gallego in prepared remarks.
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1 day ago |
globest.com | Erik Sherman
The current state of portfolio management in real estate has seemed sound enough for decades. However, is it integrated and sophisticated enough? In today’s rapidly evolving investment landscape, the theme of integration and holistic optimization is reshaping the way real estate portfolios are managed.
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2 days ago |
globest.com | Erik Sherman
Retail’s next chapter is being written not just by where stores are located, but by how well retail formats match the shifting rhythms of consumer life. Across the country, the strongest rent growth isn’t always found on the storied high streets of major cities, but increasingly in dense suburban corridors and live-work-play districts where convenience, walkability, and a blend of uses draw steady foot traffic.
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There is nothing that could reasonably and realistically called a state of war. US law allows for people to present themselves and ask for asylum. Habeas corpus is a vital right afforded to everyone, citizen or not, by the Constitution and a suspension is a threat to all.
Rep. Michael McCaul on Stephen Miller threatening to suspend habeas corpus: "The courts are gonna decide this one as to whether this invasion in fact constitutes what would be a state of war. Some would say it would." https://t.co/IyvIa8VQCS
Well, there's a negotiation strategy for you. I'm sure it will have the same staying power as never delaying tariffs.
Q: "Is that 10% tariff kind of a baseline?" Lutnick: "Yes. We will not go below 10%." https://t.co/1Ci6HStCo1
Now waiting for a government edict that audits aren't necessary and should be banned.
Trump Media & Technology Group showed “material weakness” in internal controls over financial reporting, raising risks of misstatements, the firm’s latest quarterly result showed. https://t.co/tzJTLFVoLr
