Multifamily rents reached a new height in September, with a nationwide average of $1,558, Yardi Matrix data shows.
In designing the Hoya Capital High Dividend Yield ETF, the fund manager focused on how different market environments affect property sector weights and diversification rules it set for the index.
Initially, the bank on the loan for Walker & Dunlop offered a 10-basis-point credit spread adjustment. Now, it has been ratcheted up higher.
House prices rocketed around the world in the past year as the cost of borrowing slipped to rock bottom and buyers put a premium on space and greenery.
Lenders are coming back into the office sector, though underwriting standards remain very tight.