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Once a CRE darling, multifamily has become a worry.
The rate went from 0.28% in December 2023 to 0.44% in January 2024.
The two-tenths percentage rise snaps a six-month downward streak.
Rents increased the most in midsize cities in the Northeast and South
It's coming off a year when total investment volume was at its lowest point in 12 years.
Data center giant pivots as 80% of enterprises projected to adopt GenAI.
City will acquire master leases for buildings, sublease units.
Macy's to exit 700K SF Union Square flagship, store stays open until 2025.
It also replaced its CEO, who may well uncover further issues at the bank.
Ordinance prohibits new dollar stores from opening within mile of existing outlets.