“It used to be an alterative asset class. Now people look at it as a solution,” says Michael Carey, a senior director for advisory firm Altus Group.
Smaller cities look set to see the biggest increases in new multifamily stock compared to the prior year.
Navigating this terrain requires a lot more delicacy and empathy than in normal times.
Interior Logic is an interior design technology provider that also offers supply chain and installation management services to homebuilders.
Brookfield attributed the decline primarily to “unrealized reductions of values of certain assets within the portfolio.”
Office leasing in the borough fell by nearly 47 percent from the same period last year, according to Colliers International.
B+E has launched a new division to support special servicing of distressed net lease debt in response to the emerging opportunities.