Multifamily

Apartment builders are being aggressive, though supply chain disruptions are still a factor in keeping projects on schedule.

New home purchases rose by 11.9 percent in December compared to a month earlier, to an 811,000 annualized pace.

Nitin Chexal launched Palladius Capital Management in early 2021. Today, the firm has already deployed 85 percent of its first fund.

The deal for Resource is expected to close in the second quarter.

Residential starts rose 1.4 percent to a 1.70 annualized rate. Applications to build jumped 9.1 percent to an annualized 1.87 million units in December.

Homes priced between $800,000 and $1 million saw the highest rate of bidding wars in December, according to Redfin data.

Mayor Steve Adler doesn’t want to curb the city’s rapid growth, but says cheaper housing is needed.

The former president said in a statement that he plans to apply to build the homes as well as retail and commercial space at Trump National Doral Miami.

Sunbelt cities posted the highest inflation rates in the nation in December, reaching into the double digits.

Investors are rushing to buy downtown apartment properties in the biggest cities in the U.S.