Developers are still building plenty of units in New York City, but the rental market remains tight with thousands of rent stabilized units held off the market.
Because they trade at higher cap rates and are viewed as recession-resistant, net lease investors are picking up more early childhood education properties.
Major global banks have historically been the biggest customers for CLOs, but the ones that put the deals together didn’t use to be significant investors in their own vehicles.
Like Blackstone, Starwood is also limiting investor redemptions in one of its funds, Barron’s reported. Conferences are upping the bells and whistles to draw attendance in a work-from-home era, according to Vox. These are among today’s must reads from around the commercial real estate industry.
