The sector is starting to deal with rising operating expenses, declining occupancies and fewer move-ins.

In Manhattan, new leases fell by 38 percent in March compared to March 2019.

With debt payments looming and access to loans uncertain, some retailers are fighting for survival, according to the Wall Street Journal. Two national advocacy groups for the apartment industry are calling for Congress to provide additional relief...

Elizabeth, N.J. mayor has said the local nursing facility failed to alert the city that a large number of residents tested positive for the virus.

Before the crisis, lenders originated roughly $8 billion in loans on New York construction projects.