The new partnership is aimed at making bets on new technologies and investing in affordable housing in the United States.

A joint venture of Highgate and Cerberus Capital Management is buying CorePoint Lodging in a deal valued at $1.5 billion, reports Bloomberg. Multi-Housing News looks at how the construction labor shortage is impacting new multifamily projects...

Multifamily's outperformance within the commercial real estate sector is spurring highly favorable debt alternatives and high property prices.