The city of Chicago owns some 10,000 vacant lots, with a large concentration in economically-challenged neighborhoods that have experienced decades of underinvestment. Selling them could help reduce overall crime. It could also boost affordable...
The Wall Street Journal looks at how the new housing codes brought on by more frequent hurricanes are changing Florida’s coastal areas. The volume of multifamily sales in Manhattan are increasing, reports Commercial Observer. These are among today...
Credit Suisse is among lenders that have been defending themselves against claims over the sale of mortgage securities that plummeted in value during the 2008 crisis. It paid $600 million last year to settle a lawsuit with MBIA Insurance Corp over...
XPO was winning over investors as Jacobs snapped up truck brokerages and contract logistics companies and cobbled together a last-mile delivery business.
Some sources of financing are drying up, but overall multifamily fundamentals are strong enough to keep funds flowing to borrowers.