Stephen Ross is stepping back from his New York-based company, Related Companies, to lead a newly formed, independent entity called Related Ross.
Distressed investors are seizing a rare chance to buy troubled US CRE assets, with private equity firms leading the charge.
In testimony before the U.S. Senate Banking Committee Tuesday, Fed Chair Powell told the committee that a federal funds rate cut might be coming soon.
Apartment demand in the U.S. has seen a remarkable surge in the second quarter of 2024, showing impressive absorption figures.
Despite the belief that commercial real estate troubles are hitting smaller or regional banks the hardest, big banks are currently showing the most strain.
NYC’s housing crisis is at a breaking point with a 1.4% rental vacancy rate. Rising living costs and slowed development due to high borrowing costs are to blame.
Goldman Sachs analyst Caitlin Burrows reports that while the office market may have hit bottom, a return to normalcy will be slow and challenging.
Moody’s believes the US banking system can weather the incoming wave of loan maturities into 2025.
Street rates for self-storage units fell in May across all top metros, influenced by current economic conditions and high interest rates.
KKR invested $2.1B in 5.2K apartments across the US in its largest-ever multifamily acquisition in history.
SoCal industrial leasing is slowing down due to a pandemic oversupply caused by delayed construction and softening demand.
Demand for retail space in U.S. shopping centers is at a two-decade high, with an average leasing time of just 8.5 months.