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Blackstone Real Estate Income Trust (BREIT) is offloading its collection of 19 student-housing properties to KKR for a whopping $1.64 billion.
San Francisco’s economic stability is on shaky ground, with S&P Global Ratings recently modifying the city’s debt outlook to “negative.”
April saw stable national rents: one-bedrooms fell to $1,486, and two-bedrooms edged up to $1,843, with NYC spikes and North Carolina drops due to higher inventory.
The MSCI report highlights a 3.0% year-over-year drop in the RCA CPPI National All-Property Index.
Despite healthy demand, the even stronger supply of new units in Texas is presenting challenges for operators across the state.
Major banks have largely dodged new losses this reporting season despite reports of office towers selling at steep discounts.
The build-to-rent sector celebrated its most successful year in 2023, with a record-breaking 27,500 new single-family rental homes completed—a 75% jump from 2022.
The world’s largest industrial property landlord cut its annual outlook after reporting stronger Q1 revenue and earnings.
A deal has been reached between NY Governor Hochul and state legislators to boost NYC housing with revived tax breaks and stronger eviction protections
The Federal Reserve wants to see cooler inflation before cutting interest rates.
2024 could potentially see one of the strongest years for apartment market absorption in recent history.
The office district is deserted with boarded-up towers, rampant copper theft, and failing retail. The city is urgently trying to reverse this decline.
