CoreLogic called the hikes the fastest increases in the history of the index.

Increased costs from climate change, the supply chain crisis and inflation are just some of the reasons.

The industry will add roughly 400,000 new rentals this year.

Värde Partners and Hawkins Way Capital will be targeting these assets in major US cities.

Single-family rent growth in the New York City area was about one-half that of the US.

"The signals provided by the Dodge Momentum Index continue to suggest that construction activity will improve in 2022—and, more importantly, that this growth will be more balanced than what was seen in 2021."

The bank more than doubled its footprint at the Empire State REIT office.

The number of $100 deals was up 114% from 2020 and 18% above the five-year historical average.