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1 week ago | 
multihousingnews.com | Gabriel Frank
Federal Reserve Chair Jerome Powell answers questions at the May 7 press conference. Screenshot by Gabriel FrankAt the end of its third meeting of the year, the Federal Reserve Open Markets Committee decided again on Wednesday to keep interest rates level. Sitting at 4.25 to 4.5 percent, the current rate is the lowest since December 2022. The widely expected pause follows a strong labor market report and consistent declines in inflation since January.
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1 week ago | 
commercialsearch.com | Gabriel Frank
By Gabriel Frank May 1, 2025 Digital EditionRetail Necessity-driven centers deliver the ROI capital is craving Anchor tenant Whole Foods caters to tenants at BLVD Place, the 400,000-square-foot retail component within a 750,000-square-foot mixed-use district in Houston. Image courtesy of Whitestone REIT Forget upscale malls. Today, retail’s crown jewels are grocery-anchored shopping centers. Transaction activity for these multi-tenant properties ballooned to $7 billion in 2024, with deal...
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1 month ago | 
multihousingnews.com | Gabriel Frank
Tishman Speyer has closed on a $331 million construction loan for 50 Hudson St., a 40-story, 924-unit apartment tower located on Jersey City, N.J.’s Gold Coast. The tower is the second phase of a two-building project that will include 1,941 apartments and 70,000 square feet of retail space. Canadian institutional investor CPDQ provided the financing. According to Tishman Speyer, construction of 50 Hudson is expected to start this spring, with completion projected for 2028.
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1 month ago | 
multihousingnews.com | Gabriel Frank
Mike Fratantoni, the MBA’s chief president of research and industry technology, believes that any privatization of Fannie and Freddie must preserve the federal backstop. Image courtesy of the Mortgage Bankers AssociationThe odds of Fannie Mae and Freddie Mac being privatized appear to be going up.
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1 month ago | 
multihousingnews.com | Gabriel Frank
Clockwise from top: MHN editorial director moderates the panel discussion with Charles Jennings of Harbor Retirement Associates, Jennifer McGurty of AEW Capital Management, Phoenix Senior Living’s Jesse Marinko and NIC’s Lisa McCracken.
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1 month ago | 
commercialsearch.com | Gabriel Frank
The Federal Reserve Open Markets Committee elected to keep interest rates the same at the conclusion of its March meeting, at a target range of 4.25 to 4.5 percent. The current Federal funds rate has remained unchanged since last December. The decision follows consistent reports of a strong, yet slowing economy and even more uncertainty around inflation, particularly as it relates to the Trump administration’s tariff policies on U.S. neighbors and China as well as on steel and aluminum imports.
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2 months ago | 
commercialsearch.com | Gabriel Frank
By Gabriel Frank March 12, 2025 TechnologyDevelopmentFeaturedNationalNewsOffice AI took center stage in discussions about innovation across the business. Thesis Driven’s Brad Hargreaves moderates the keynote discussion between Andrew Segal of Boxer Property, Mark-Taylor Inc.’s John Carlson, Yao Morin of JLL and Konrad Koczwara of ElevateOS. Photo by Gabriel Frank Panelists speaking on the first day of the 2025 Real Estate Technology Conference, hosted in Las Vegas, revealed refined, precise...
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2 months ago | 
multihousingnews.com | Gabriel Frank
A SWTCH electric vehicle charger in use. Through Cortex, owners and operators can optimize charging capacity and timing without compromising their property’s other infrastructure.
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2 months ago | 
commercialsearch.com | Gabriel Frank
By Gabriel Frank March 7, 2025 FinanceNationalNews The fund will target diverse opportunities in the U.S. and beyond. Blackstone President & COO Jonathan Gray. Last month the company took Retail Opportunity Investment Corp. private. Photo courtesy of Blackstone Blackstone has closed an $8 billion real estate debt fund, the firm said on Friday. The vehicle is only the second of its kind to secure a total capital commitment of that size. Blackstone Real Estate Debt Strategies V will target...
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2 months ago | 
commercialsearch.com | Gabriel Frank
By Gabriel Frank February 27, 2025 Digital EditionOffice There's wide-ranging opportunity beyond traditional downtown locations. Medley, a mixed-use property rising on the site of the former State Farm Insurance campus in Johns Creek, Ga., will feature retail and residential components after Toro Development Co. demolishes most of the existing 500,000 square feet of office space. Image courtesy of Toro Development Co. Suburban office properties and parks are generally weathering the office...
