The firm has been investing in residential mortgages for the past eight years. It’s seeing better opportunities now than it has for some time, its co-founder says.

Commercial and multifamily mortgage originations fell 49% year-over-year in the third quarter, reported the Mortgage Bankers Association. New construction is pushing down apartment rents in some cities with large pipelines, according to Bloomberg...

They see a $10 trillion opportunity in the next decade, but obstacles remain to widespread use of private investments.

They see a $10 trillion opportunity in the next decade, but obstacles remain to widespread use of private investments.

The expected bankruptcy filing by WeWork could deal another blow to New York’s struggling office market, reports The New York Times. Alternative investment managers have filed a lawsuit against the SEC over its attempts to regulate private funds...