Plus: Fed's Powell hints at stable rates with sub-3% inflation; Foot Locker bags LA's largest 2023 industrial lease; Vegas multifamily market sees revival amid job growth.
Housing starts rise 3.2%; US commercial real estate distress peaks; SL Green's Q3 dip; TA Realty's record $1.8B fund; Major SF apartment value halves.
Related Cos., known for Manhattan's Hudson Yards, plans a $1 billion venture into cold storage real estate.
With strong fundamentals, new construction starts, and a sizable amount of capital on the sidelines, the multifamily sector is attracting the attention of eager investors.
Wyndham Hotels & Resorts (WH) rejected Choice Hotels' (CHH) surprise $8 billion offer due to regulatory and valuation worries.
Urban logistics is undergoing a transformative shift, with the emergence of multistory warehouses heralding a new era in both established and burgeoning markets.
National supply-demand imbalances in multifamily housing affect pricing, leading to varied rent changes in different metro areas over the year.
NIC reports ninth straight quarter of senior housing occupancy rise, eyes potential return to pre-pandemic levels by 2024.
Amidst a tough CRE market with escalating borrowing costs, banks like JPMorgan Chase and Morgan Stanley are employing seller financing to attract buyers and mitigate risk exposure.
Times Square sees a notable rebound with a surge in new businesses, hotel sales, and rising retail rents as it enters the holiday season, post-pandemic.
Most fund managers have been cautious but are getting ready to make deals.
The multifamily sector faces a complex supply challenge, with abundant ongoing development and varied implications across different locations and property types.
