Market: National

The NYC Council has approved the Fairness in Apartment Rental Expenses (FARE) Act, barring landlords from shifting broker fees to tenants.

Apartment demand in Florida is surging, nearly matching the state’s record-setting supply growth in recent years.

CBRE’s latest report shows commercial real estate lending surged in Q3 2024, with double-digit growth from both Q2 and last year.

Multifamily starts have dropped sharply, down 50% from last year to an annualized rate of just 325,000 units in Q3 2024.

Banks’ reliance on “extend and pretend” is under scrutiny as double defaults on commercial loans climb, signaling potential long-term risks.

Blackstone will take Retail Opportunity Investments Corp. (ROIC) private in an all-cash acquisition valued at roughly $4 billion.