Amid housing sales slowdown, potential home sellers turn to becoming landlords, reports The Wall Street Journal. Real estate firms were among those most likely to have workers in the office in September in New York City, according to GlobeSt.com...

Recent U.S. acquisitions by Amancio Ortega’s Pontegadea are representative of a broader shift in family office investment preferences.

Groupama Immobilier sold the building, located 150 meters from the Arc de Triomphe, to a new fund, Cheval Paris. The price tops the previous record of 613 million euros paid for a building on the famous street.

While inflation and geopolitical instability continue to create challenges for investors, they have also increased the attractiveness of U.S. commercial real estate as a “safe haven” for capital.