Prices in NYC rose 5.1 percent in February from a year earlier, compared with a 7.9 percent jump nationwide, according to BLS.
In particular, the firm has a strong focus on acquiring apartment buildings, logistics facilities and life science properties.
In a February Fannie Mae survey, 69 percent of respondents said they expect rental prices will rise.
Enticed by rapidly increasing rents in the sector, investors have accounted for more than one-quarter of all single-family home sales in recent months.
How Comunidad’s emphasis on workforce housing in culturally diverse neighborhoods resulted in winning Freddie Mac’s first-ever Impact Sponsor award.
Delays are scrambling the multifamily development pipeline and cutting into returns for investors.
Blackstone has recently increased its focus on the part of the U.S. housing market where rents are government-regulated.
Canada Pension Plan Investment Board will own 96 percent of its new apartment development venture with Lennar Corp.