Prominence
Trends in Single-Family BTR Communities
Is the sector benefiting from prohibitive housing costs or offering would-be buyers an alternative?
Fed Hits Temporary Pause on Rate Hikes
Chairman Jerome Powell noted that almost all of the committee’s participants anticipate further rate increases this year.
Kennedy Wilson Buys 1st Tranche of $5.7B Loan Portfolio
The investment firm paid $1.6 billion to Pacific Western Bank, with the acquisition of another large batch scheduled to close next month.
Carlyle, Property Markets Group Land $520M for Brooklyn Project
Due to come online in 2025, the property will overlook the Gowanus Canal.
Economists Blame Sales, Construction Pause on More Than Interest Rates
NMHC’s Walter, JLL Capital Markets’ Rice outline cost concerns slowing multifamily activity during NAREE conference. But Rice predicts a sales activity uptick in the second half of 2023.
Midsize SFR Buyers ‘Going Strong’
A key takeaway from the National Association of Real Estate Editors’ annual conference is that the single-family build-to-rent sector is encountering both prosperity and headwinds.
Apartmentalize: Urbanites Are Changing Suburbia—and Upending Multifamily
Access to public transportation and walkability are top priorities for many recent escapees to the suburbs.
Harbor Group Lands $440M for Nationwide Refis
Multiple lenders provided financing for communities in such areas as Indianapolis, Texas and the Southeast.
EV Charging Stations Baffle MF
Meeting the demand for this new amenity was a topic at the National Association of Real Estate Editors conference.
Greystone Arranges $287M for Brooklyn Development
About 30 percent of the units will be permanently affordable.