Monthly rents for apartments nationwide increased in May by $12/unit from the month before, to $1,428/unit, according to Yardi Matrix That marks the largest one-month increase in rents since at least 2007 The largest one-month increase before May...
Base Equities has raised $10 million of a targeted $50 million for its first investment fund, which is being used to make preferred-equity investments in apartment and industrial properties The fund, Base Preferred Equity Fund I, will make...
Berkadia has handled the sale of roughly $6 billion of apartment properties through May, putting it on a pace to easily top the $10 billion of investment-sales volume it had projected for the year For all of 2020, in contrast, the company brokered...
Commercial Real Estate Direct Staff Report Tenants at Manhattan office buildings added 800,000 square feet of sublease space to the market last month, the lowest monthly volume since May 2020, according to CBRE The company also found that 2 million...
Commercial Real Estate Direct Staff Report Mesa West Capital has raised $6022 million for its latest bridge-lending investment vehicle, Mesa West Real Estate Income Fund V LP The fund, which has a $1 billion equity-raising target, would be the...
KPG Funds is raising $175 million for its second investment vehicle, targeting office and retail properties in certain New York City neighborhoods, including SoHo, Hudson Square, the West Village and Meatpacking District The fund is close to...
The San Diego investor, which has a portfolio of about 21,000 multifamily units, is aiming to make $15 billion of investments this year It's fast approaching that target as it has completed the purchase of $640 million of properties and is slated to...
The volume of CMBS loans actively managed by special servicers declined by just more than 4 percent last month, to $469 billion from $4885 billion in April, according to Trepp LLC It marked the eighth straight month that special servicing volumes...
Fannie Mae and Freddie Mac have extended their apartment eviction moratoriums through the end of September The moratoriums were slated to expire at the end of this month Owners of apartment properties financed with Fannie and Freddie loans that are...
The industrial property sector benefited greatly during the coronavirus pandemic, as consumers increasingly went online to buy items that then were shipped from nearby warehouses and distribution centers That’s evidenced by the 47 percent...
