Some buyers are trying to renegotiate prices, but a net result of recent moves could be a tightening in the spread between multifamily cap rates and yields on 10-year Treasuries.
Although judges are free to consider history when deciding whether a condemnation is pretextual, recent cases make clear that tales of longstanding oppression will play at best a minor role in the judicial calculus.
Luxury rental buildings have added new amenities catering to work from home needs, according to The New York Times. Homebuilding titan D.R. Horton has shifted its focus to the build-to-rent market, reports Bisnow. These are among today’s must reads from around the commercial real estate industry.
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