The incredible disappearing Starwood CRE investor
The $10 billion fund from Starwood Capital Group has been trying to preserve its available cash and credit by limiting investor redemptions. In the first quarter, the fund was hit with $1.3 billion in...
Multifamily faces antitrust litigation
With national elections around the corner, some of the nation’s largest apartment companies are facing antitrust litigation over usage of a product that has become increasingly important to the industry since the first multifamily...
Investors circle overleveraged apartments
Rescue capital is available for apartment borrowers that need it, but relatively few owners of over-leveraged apartment properties are willing to pay the price—so far.
High interest rates have stranded the owners of over-leveraged apartment...
Market demand sets stage for few rent hikes
While asking rents for new leases nationally are running nearly flat over the past 12 months, those figures are heavily influenced by the Sunbelt, where record-high supply has turned rent growth negative in some...
Interest rates slow apartment development
Rising interest rates, tighter lending and flattening rents in parts of the country have left property companies from California to Florida waiting for financing that may not come soon.
+500 days (up 45% from 2019)...
Appliance payoff models explode
^58 percent increase in requested quotes to thousands of appliance repair businesses y/y (2022-2023)
^43 percent increase in appliance spend in 2023 compared to 2013—rising from $390 to $558 over the decade
Why? 1987. Home appliances...
Disparate impact of high interest rates
Disparate impact of high interest rates has adversely impacted millions of low- and middle-income families—and housing providers. More often high interest rates depress stock and housing prices, and other asset values— impacting all income...
Office to apartments
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Hybrid work is likely here to stay. This shift isn’t just changing lifestyles—it’s also affecting commercial spaces. Office vacancy rates post-COVID shot up almost overnight, and they remain near 20 percent nationwide, the...