Apartment concessions hit highest level in over a decade
[ad_1] Key Points Nationwide, 16.6% of stabilized apartments offered concessions in January, according to RealPage Market Analytics. That’s an increase from December as high supply and weakening renter demand dent the multifamily market. The average January discount was 10.7%, or roughly five weeks of free rent. A version of this article first appeared in the […]
Blackstone’s BREIT is a major seller in January commercial real estate deals
[ad_1] A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. […]
Ryan Serhant of Netflix’s ‘Owning Manhattan’ is leaning hard into commercial real estate
[ad_1] A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. […]