Residential starts decreased 4.2% last month to a 1.43 million annualized rate after an upward revision to the prior month, according to government data released Thursday. Single-family homebuilding dropped to an annualized 855,000 rate, the...
Collateralized loan obligations rated AAA have seen their average prices rise to 97.6 cents on the dollar, compared with about 97 cents toward the end of last month. That’s close to the lowest on record since the financial crisis, excluding the...
Demand for design services decreased considerably, according to the latest AIA Billings Index. Institutional investors are increasing target allocations to real estate, however the denominator effect has left some funds overexposed to the sector...
In the small towns near Stanton, Tenn. residents view the future manufacturing colossus with hope and trepidation. But the project has rattled Michigan officials who fear that Ford’s center of gravity is shifting south.
The San Francisco-based company expects more people to become hosts to bring in a second source of income as the economy slows. To help them feel safer with the prospect of renting their homes to strangers, Airbnb is expanding its identity...
The proptech industry is not planning layoffs at this point, according to Commercial Observer. The Financial Brand looks at Chase’s new digital management platform for multifamily landlords. These are among today’s must reads from around the...
Mayor Eric Adams said the city would aim to expand eligibility and use of a rental-assistance program known as the City Family Homelessness and Eviction Prevention Supplement, including by paying landlords in expensive neighborhoods who rent to...
Institutional investors advised by the bank formed a joint venture with Haven Realty Capital to buy and develop entire communities of new homes, according to a statement Tuesday. The partners are seeding the venture with three communities in the...
