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Blackstone will continue with Tricon's plans to build $1 billion of new rental homes.
The vacancy rate is at its lowest level since 2007.
The 1,249-unit portfolio was acquired on behalf of a programmatic JV with a pension plan.
There is an estimated 15.5 million square feet of office leases expiring within the next two years
Los Angeles now has the highest number of coworking spaces in the US.
The historical interest rate average of 4% is no longer the norm.
Private CRE is approaching fair value as bond yields decline.
How it might change the Fed's interest rate cuts is only the beginning of the story.
Four have already begun the conversion process.
This group is more exposed to rising borrowing costs.