The persistent shortage of available housing in the U.S. and the various challenges the construction industry is facing with delivering new product have been well-documented recently. Yet over the past few years, some markets have significantly upped the number of apartment units they have under development. Here’s a breakdown of where RentCafe noted apartment completions reaching their five-year peak in 2022.
Exclusive survey results predict rising commercial real estate allocations, with wealthy individuals investing in both public and private real estate vehicles.
Credit Suisse is among lenders that have been defending themselves against claims over the sale of mortgage securities that plummeted in value during the 2008 crisis. It paid $600 million last year to settle a lawsuit with MBIA Insurance Corp over mortgage securities.
The Wall Street Journal looks at how the new housing codes brought on by more frequent hurricanes are changing Florida’s coastal areas. The volume of multifamily sales in Manhattan are increasing, reports Commercial Observer. These are among today’s must reads from around the commercial real estate industry.
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