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For Equity Residential’s $2.5 billion backup line of credit known as a revolver, lenders have historically treated the process like a formality or an administrative task, Chief Financial Officer Robert Garechana said in an interview. This time...
Among the 10 biggest bond referendums, which total about $17 billion, many would fund upgrades to schools like safety improvements, expansions or modernizations. San Diego voters will weigh a $3.2 billion bond for the school district, the second...
Americans’ rent-to-income ratios have been pushing past the recommended 30 or under percent, reports Multifamily Dive. Prologis is predicting a normalization in leasing rates for industrial real estate next year. These are among today’s must reads...