Declaration Partners collected $240 million from wealthy individuals and family offices to target multifamily housing and industrial properties across the US, the New York-based company said in a statement. Rubenstein is also an investor in the...
The vast majority of the white-collar workers who had clustered in big cities and expensive suburbs before the pandemic stayed put even as they stopped going into the office.
Office-to-multifamily conversions have ticked up lately. But such redevelopments remain difficult to pull off and represent a small percentage of the apartment pipeline.
The scorching pace of rent growth will slow, but solid fundamentals mean the outlook for multifamily investment remains bullish even amid some concerns about availability of capital, according our latest exclusive WMRE Multifamily Research Report.
Our third quarter virtual forum examined trends in multifamily, grocery-anchored retail and BTRs amid broader discussions about how CRE is dealing with rising interest rates and persistent inflation.
“The transition to remote work because of the COVID-19 pandemic has been a key driver of the recent surge in housing prices,” economists Augustus Kmetz and John Mondragon, of the San Francisco Fed, and Johannes Wieland of the University of...
The chief destroyer of rent-stabilized units since 2000 has been something called high-rent decontrol, which shifted an average of 7,244 units a year from regulated to unregulated.
Whopping rental rate spikes caught the eyes of many apartment investors and even with the pace of growth likely to slow, overall fundamentals remain attractive.
New construction of multifamily properties, which include rental apartments and are therefore less sensitive to rate-induced shifts in demand, jumped 28 percent in August to the highest level since 1986.
