The cost of land and the cost of construction have crept higher and higher, creating challenges for multifamily developers.

Investors with small portfolios are more likely to feel the pain from tenants that have been unable to stay current on rents than REITs or private equity funds.

Residency at assisted and independent living facilities fell to 78.8 percent in the first quarter of 2021, reports NIC.

Sonder, which decks out apartments and hotel rooms as short-term rentals, is looking to merge with the SPAC in a deal that will value them at more than $2.5 billion.

Retail, lodging/resort and apartment REITs posted the biggest gains in the first quarter.

New apartment leases in Manhattan jumped by 89 percent in March from a year earlier, according to Miller Samuel Inc. and Douglas Elliman Real Estate.

As people relocated during the pandemic, median rents sored in cheaper U.S. counties where residents tent to earn less, according to Zumper.

The price tag is the highest paid for a Manhattan hotel since the pandemic upended travel.