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REITs cite economic uncertainty, supply in Q3 earnings reports
High unemployment and inflation weighed on major multifamily landlords’ results, while AI startup-related demand and coastal back-to-the-office pushes were bright spots.
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Landmark Properties, Abu Dhabi Investment Authority sell 8 properties worth over $1B
The joint venture sold the assets, which have 6,200 beds, to a partnership between Morgan Stanley Investment Management and Global Student Accommodation.
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Centerspace mulls sale, merger
The Minneapolis-based REIT’s board will consider a range of business combinations.
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Q&A
Inside one developer’s first high-rise project
After building lower-density residences, Starlife Group’s Gevorg Shahbazyan is building his first tower in his backyard in Hollywood, Florida.
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Minnesota landlord sued for withholding security deposits
Attorney General Keith Ellison alleges that Suite Liv’n illegally charged tenants for turnover expenses that were not their responsibility.
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Keeping people in their homes as evictions surge: 2024 Crown Communities Award winner
A Harris County, Texas, court is educating tenants about the eviction process and connecting them with legal aid.
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