The fund aims to raise $1 billion in equity for investments in 30 of the largest U.S. cities.

Harrison Street and Core Spaces entered into the venture to build communities in Austin, Denver, Nashville and a handful of other cities.

SPAC teams are putting capital to work, but new IPOs could slow amid regulatory uncertainty and a saturated market.

The worst apartment fire in New York City in decades left at least 19 people dead in the Bronx, including nine children. Some investors are shifting their allocations from office buildings to data centers, reports the Wall Street Journal. These...

Investors are betting the Fed will begin raising its benchmark federal funds rate in March.