After months of weak buyer interest, agents began seeing larger crowds at open houses in January and getting multiple offers above asking price on their listings. By early March, though, climbing mortgage rates, plunging stock prices and...
In addition to higher income from rent and steady dividends, BREIT’s February returns benefited from hedging positions that added value as interest rates rose. Commercial real estate prices fell 1.4% across all asset classes in February and are...
The university is proposing to deploy $2 billion to buy or finance buildings near its 10 campuses, including dorms, faculty housing, classrooms and lab space. The properties would be “strictly investment assets, acquired at market rates” and...
The Real Deal looks at what’s happening with real estate customers of Signature Bank. A new report from CBRE indicates that a drop in commercial property values might not last long. These are among today’s must reads from around the commercial...
Underlying consumer-price growth accelerated in February, with Americans continuing to experience the sting of rising rents and sticky prices for services. Over the past year, a key housing category — which includes everything from actual rents to...
The lender survived blowups with cabbies, “bad landlords” and Trump — only to fall after trying a side gig.
