The bank injected an additional $1.4 billion from its balance sheet. Fund’s lending capacity exceeds $7 billion including leverage.
National apartment occupancy rates, which have been on a downward trend since early 2022, may finally be showing signs of stabilization.
WeWork has arranged approximately $450M in new financing to exit Chapter 11 bankruptcy without the involvement of its co-founder, Adam Neumann.
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.
A deal has been reached between NY Governor Hochul and state legislators to boost NYC housing with revived tax breaks and stronger eviction protections
Apartment rent growth in the Western U.S. is now the slowest in the nation since the pandemic.
Last year, only 3.5% of office sales were from distressed sellers, a situation attributed to optimism in the market and leniency from lenders.
A recent Yardi Matrix report reveals a staggering $525 billion in multifamily property loans set to mature by 2029.
Here are this year’s most competitive rental markets according to RentCafe.
Regional banks scale back lending, private investors are filling the gaps.
Plus: RXR and Ares Management join forces on new NYC office fund.
Private equity giants like Blackstone (BX) are well-positioned to capitalize on a recovering economy.