Rents are up more than 25 percent in one of the nation’s most scorching multifamily markets. That's fueling continued strong investor demand, in spite of rising interest rates.

The lenders, led by Fidelity, hold a majority of Bally’s $1.9 billion senior secured term loan due in 2028, which puts them in a position to block the company from a needed credit amendment.

A city resident needs to make a salary of $110,000 to afford the median asking rent of $2,750 for available apartments.

The Wall Street Journal asks whether investors’ bets on housing are on shaky footing. Curbed talked to some apartment landlords about their take on the current frenzied rental market. These are among today’s must reads from around the commercial...

The total affected will be more than 1,000 US workers, with about half moved to different divisions within the bank.