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MarketWatch Top Stories reports that the Federal Reserve raised interest rates by a quarter percentage point on Wednesday, bringing the target range to 3.75%-4.0%. For a rental owner sitting on a fully paid-off property, that rate environment complicates the calculus of tapping equity through a
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The Real Deal National reports that Nuveen Real Estate has sold Boulder Creek, a 204-unit apartment and townhome community in Sammamish, to TA Realty for $102 million. The deal, brokered by CBRE's Eli Hanacek, Kyle Yamamoto and Natalie Kasper, reflects continued consolidation in the Puget Sound
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Rentec Direct Blog notes that hurricane and tropical storm season is underway, prompting landlords and property managers to consider how they can protect both tenants and properties when severe weather approaches. The piece points to essential preparatory steps that owners of rental housing should have in place before a
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Bisnow reports that an energy firm has expanded its Newton office footprint by 75 percent to 125,000 square feet, a significant commitment to the Boston suburbs at a moment when many employers are still weighing hybrid arrangements. The same Deal Sheet notes Anthropic taking space in Cambridge and
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Bay Area multifamily has become a magnet for capital again, Bisnow reports, with investors drawn in by tight occupancy and the promise of rent growth tied to the region's AI boom. Low vacancy gives landlords pricing power, but it also means every unit turn carries outsized weight
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The Real Deal National reports that Carr Properties is pressing ahead with a major residential conversion in Washington, D.C., securing $92 million in debt financing for a luxury multifamily project at 2121 Virginia Avenue in Foggy Bottom. PNC Bank led the five-year term loan with participation from
Not sure whether to sell your house or rent it out? Compare both options and the key factors to consider before deciding. The post Should I Sell or Rent My House?
Mortgage lenders that work with Fannie Mae and Freddie Mac, government-sponsored enterprises, have the green light to use VantageScore 4.0 if they want to.
CEO Brian Chesky is well aware of Airbnb’s role as a villain in the conversation around affordable housing. The firm is now looking to change the narrative with a nine-figure investment.
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Bisnow reports that Goldman Sachs has acquired a 397-unit apartment building in Davie, South Florida, for $154 million. The property sits near Nova Southeastern University and was delivered just last year, making it one of the newer multifamily assets to trade in a market that continues to draw