Rents are up more than 25 percent in one of the nation’s most scorching multifamily markets. That's fueling continued strong investor demand, in spite of rising interest rates.
At a time of muted expectations for more traditional assets, alternative investments provide individual investors a way to hedge against increased volatility and generate strong returns.
Persistently high inflation has forced the Fed to move aggressively to raise rates. How has that shifted the near-term outlook for commercial real estate investment?
The lenders, led by Fidelity, hold a majority of Bally’s $1.9 billion senior secured term loan due in 2028, which puts them in a position to block the company from a needed credit amendment.
The cost of owning a house overtook the cost of renting one in the U.S. in April, reports The New York Times. Crain’s Chicago Business looks at how Sam Zell hasn’t been able to strike acquisition deals. These are among today’s must reads from around the commercial real estate industry.
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