A battle is playing out between gentrifying forces and the desire to keep affordable housing in Washington, D.C., The New York Times reports. U.S. home prices will rise at twice the speed of inflation an pay, according to Reuters. These are among...
Austin, with a population approaching 1 million, is sometimes nicknamed Silicon Hills, with more than 5,600 technology companies and 150,000 college students.
Forbes looks at how real estate asset managers can minimize risk from rising interest rates. Sears gets more time to pay down its debt, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
Prior to receiving the Citigroup loan earlier this year, Kushner Cos. and its partner in the building, KABR Group, had trouble finding a firm to refinance more than $180 million of loans.
Manhattan’s old Biltmore Hotel, where people once met each other “under the clock,” is being reconfigured as a tech incubator.