KKR purchased The District at Scottsdale, a 332-unit property built in 2019. Since October, KKR Property Partners Americas LP bought luxury multifamily in Atlanta, Austin, Charlotte, Boston and Brooklyn.
Rates remain low and lenders of all types are bullish on the sector's fundamental strength.
Early leads in the cause of the collapse show the cost of maintaining older buildings against the effects of the rising sea.
The private equity firm’s second dedicated property fund has raised $2.2 billion for investment in European apartments, warehouses and hotels.
Higher rents are the kind of price increase that’s hard to reverse -– unlike many of the ones that have accompanied the economy’s reopening, from lumber to used cars.
Recent revisions to the 2020 Census revealed that the population in the Northeast grew much more in the past decade than previous estimates had indicated.