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Latest Newsletter
Industrial Outdoor Storage Rents Climb 32% on the Data Center Boom
The AI build-out’s hunger for staging space is making low-slung storage yards unexpectedly valuable.
A Quarter of Texas Floating-Rate Apartment Loans Can’t Cover Their Debt
Texas floating-rate apartment loans are buckling under higher rates, with a quarter unable to cover debt even while current.
Apartment Borrowing Conditions Hit Their Worst Level Since 2023
Apartment owners can keep their buildings full yet still struggle to refinance or sell them.
Rate Uncertainty Is Repricing and Delaying Commercial Property Deals
Price disagreements are freezing deals as buyers and sellers wait for rate clarity.
A $175M Offering Backed by a Bryant Park Tower Was Postponed
A $175M bond backed by Midtown’s 475 Fifth Avenue was postponed, one of several real-estate debt deals stalling as credit conditions weaken.
Apartment Concessions Decline, but Discounts Remain at 15-Year Highs
Landlords are handing out fewer rent breaks, but the ones that remain stay historically generous.

