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...
The decrease in October moving intentions was the sixth straight and coincides with a rapid run-up in mortgage rates, according to the Federal Reserve Bank of New York survey data.
Where are investors paying the most per sq. ft. for multifamily properties right now? Crexi takes a look at its latest transaction data.
For Equity Residential’s $2.5 billion backup line of credit known as a revolver, lenders have historically treated the process like a formality or an administrative task, Chief Financial Officer Robert Garechana said in an interview. This time...
By assuming existing loans, investors can mitigate the risk from rising interest rates and ultimately underwrite a greater leveraged return, market participants say.
The cuts come after an abrupt shift in prices forced the company to sell homes for less than it paid for them.
