Multifamily

Facing heavy competition and lower yields on acquisitions of existing SFRs, investors are betting on building new communities from the ground up.

With the purchase of mortgage lender Foundation Home Loans, Athene will pick up a $4.2-billion portfolio of mortgages.

The deal builds on two initiatives by Blackstone: to build permanent capital through an expansion into insurance, and to pursue lower-cost rentals for its CRE business.

KKR purchased The District at Scottsdale, a 332-unit property built in 2019. Since October, KKR Property Partners Americas LP bought luxury multifamily in Atlanta, Austin, Charlotte, Boston and Brooklyn.

Rates remain low and lenders of all types are bullish on the sector's fundamental strength.

Early leads in the cause of the collapse show the cost of maintaining older buildings against the effects of the rising sea.

The private equity firm’s second dedicated property fund has raised $2.2 billion for investment in European apartments, warehouses and hotels.

Higher rents are the kind of price increase that’s hard to reverse -– unlike many of the ones that have accompanied the economy’s reopening, from lumber to used cars.

Recent revisions to the 2020 Census revealed that the population in the Northeast grew much more in the past decade than previous estimates had indicated.

Cottonwood’s Tinchuck Ng discusses the firm’s new fund and the difference in strategies between Asian and U.S. commercial real estate investors.