What We're Reading
Industry reads hand-picked by our editors
May 17, 2024
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CNBC
CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago
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WFAA
Rent prices inch back up as DFW rivals NYC for top apartment leasing market in U.S.
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The Real Deal
Invesco’s $130M multifamily sale in Bethesda shows massive market shift
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Wall Street Journal
Florida and Texas Show Signs of Home Prices Falling
May 16, 2024
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The Wall Street Journal
Sky-High Housing Costs Propel Construction of Rental Homes
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The New York Times
Inside the Rent Inflation Measure That Economics Nerds Love to Hate
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New York Daily News
Brooklyn’s Red Hook Marine Terminal takes step toward mixed-use future: Hochul, Adams
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The Real Deal
Single-Family Rental Players Roofstock, Mynd Eye Merger
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