U.S. risks losing nearly 200,000 affordable rentals in the next five years as tax incentives for affordable housing near expiration, shifting rent control from government to landlords.
Jeremy Grantham and GMO, the Boston-based money manager he cofounded, are doing what they do best—capitalizing on current market dislocations by doubling down on contrarian wagers.
In the midst of a struggling commercial real estate industry, where office buildings sit empty, and apartment rent growth slows, a beacon of hope emerges in the form of student housing.
Bed Bath & Beyond has identified the winning bidders for 109 of its store leases, with Burlington Stores set to secure the majority.
In response to the growing strain in the commercial real estate market, top US banking regulators are calling on lenders to engage constructively with their creditworthy borrowers.
Uncertainty looms as an immense wall of hard-to-refinance multifamily debt approaches in October and November, leaving questions about how lenders will navigate this significant challenge.
Fort Worth, TX, is emerging as a new CRE boomtown, with a total of $2.3B of projects under construction or in the pipeline, consisting of around 5K new apartments, office space, and mixed-use developments.
In a record-setting deal for the year, global industrial real estate giant Prologis is set to buy 14 MSF of US logistics properties from Blackstone (BX) for $3.1B.
According to Capital Economics, the golden era of US office buildings might be on a long hiatus, with pre-pandemic values not expected to rebound until at least 2040, thanks to the dwindling demand for desk space.
The expected surge in distressed CRE assets is approaching; Q1 saw a 10% rise, reports MSCI.
The phrase "recourse only" is causing fear among investors, developers, buyers, and owners seeking loans or refinancing options, signaling a risk of losing all assets beyond the property value.
Wall Street seems to be growing skeptical about the future of American city centers.
