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NYCB Suffers Q2 Loss Due to Multifamily Loan Problems
Rexford Navigates Industrial Market Slump with Smaller Warehouses
CMBS Issuance Levels Soar 3x Over 2023
NMHC Reports Mixed Apartment Market Conditions in Q2
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

NYCB Suffers Q2 Loss Due to Multifamily Loan Problems

New York Community Bank (NYCB) reported its second consecutive quarterly loss as it struggles to stabilize operations and reassure investors.

THE TAKEAWAY

Rexford Navigates Industrial Market Slump with Smaller Warehouses

Rexford Industrial is thriving amid a national warehouse slump by focusing on smaller buildings.

THE TAKEAWAY

CMBS Issuance Levels Soar 3x Over 2023

The first half of 2024 saw a massive increase in CMBS issuance, reaching $42.29 billion, marking a nearly threefold increase from the previous year.

THE TAKEAWAY

NMHC Reports Mixed Apartment Market Conditions in Q2

Apartment market conditions continue to loosen, though deal flow increased for the second straight quarter amidst more favorable conditions for debt financing.

THE TAKEAWAY

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