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Foreclosure Filed Against Manhattan’s Worldwide Plaza

Multifamily Rent Growth Cools to Start 2026

Veris Residential Goes Private in $3.4B Deal

Multifamily Delinquencies Climb to Post-GFC High

The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Foreclosure Filed Against Manhattan’s Worldwide Plaza

A $940M loan default, a 78% value drop, and a Midtown icon caught in the office reset.

THE TAKEAWAY

Multifamily Rent Growth Cools to Start 2026

As new supply weighs on high-growth Sun Belt metros, rent performance is shifting toward smaller and less supply-heavy markets.

THE TAKEAWAY

Veris Residential Goes Private in $3.4B Deal

Another apartment REIT exits the public markets as private capital doubles down on multifamily discounts.

THE TAKEAWAY

Multifamily Delinquencies Climb to Post-GFC High

As delinquencies rise, nearly $911M in quarterly losses signal mounting strain.

THE TAKEAWAY

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