What We're Reading: Page 39
Industry reads hand-picked by our editors
May 15, 2024
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Bisnow
CRE Sales Are Ticking Back Up Despite Stagnant Interest Rates
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Reuters
Fed to cut rates in September, say nearly two-thirds of economists
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Hartford Business Journal
With multifamily market focus, third-generation Konover takes reins of storied CT real estate firm
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The Real Deal
It’s not just Arbor: Syndicator lender Ready Capital chokes on past-due debt
May 14, 2024
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Richmond BizSense
Two separate proposals to bring a combined 500 apartments to South Richmond
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Reuters
Fed officials mull whether rates high enough as inflation expectations jump
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Business Insider
Renters need to make 36% more than in pre-COVID years to afford today’s average rent, Zillow says
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Arbor’s shares dive after short seller report
Arbor’s shares dive after short seller report
May 13, 2024
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News 12 Connecticut
Report: Rents spiked around subway stations in Harlem, Brooklyn and Queens since last year
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The Real Deal
Barry Sternlicht, Other Execs at Milken Conference See Multifamily Distress on Rise
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Axios Phoenix
Arizona Senate passes housing bills
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KERA News
Former Fort Worth ISD building one step closer to becoming $850M mixed-use development
May 10, 2024
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The Real Deal
Tzadik co-founder sues CEO Adam Hendry for $8M tied to multifamily deals
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The Colorado Sun
The six major Colorado land-use bills passed by Democrats in the legislature and aimed at housing affordability
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CBS News
Rents are rising faster than wages across the country, especially in these cities
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FOX13 Memphis
City of Memphis files petition against owners of troubled apartments
May 09, 2024
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The Real Deal
Arbor modifies $1.9B in loans as delinquencies keep rising
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Bisnow
New Bipartisan Housing Caucus Aims To Tackle The Nation’s Housing Crisis
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The Wall Street Journal
Property’s Waiting Game Is Getting Harder
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CoStar
Some Big Apartment Owners Skip Purchases, Despite Having Billions To Spend
May 08, 2024
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The New York Times
The Big Questions Hanging Over a Blackstone Fund
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Axios Raleigh
A $3B master-plan community in Apex will start construction this fall, developers say
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KQED
Who Owns the Apartment Next Door? California Agency Says it Will Take Millions to Find Out
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MSN
Supreme Court turns down property rights challenge to rent control in New York and California
May 07, 2024
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MSN
Manhattan rents up 10% from a year ago
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Deadline
Hollywood Billion-Dollar Skyscraper Plan Scrapped By Developer
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The Real Deal
Insult to injury: Kushner dinged $15M after losing $186M deal
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Los Angeles Daily News
LA developer accused of misappropriating millions in homeless housing funds files for bankruptcy
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