Multifamily

Multifamily

Stress Mounts on Multifamily Properties Amid Rising Costs

As reported by CoStar What's happening: High borrowing rates and rising operational costs are placing significant stress on multifamily properties, signaling a growing credit risk in commercial real estate, according to the Office of the Comptroller of the Currency (OCC). Why it matters: The OCC's latest

Multifamily

The Multifamily Housing Squeeze: Rising Rates and Refinancing Risks

As reported by Bloomberg Driving the news: Multifamily apartment investments boomed during the pandemic, but the tide is turning as borrowing costs surge and refinancing challenges mount. * Pandemic boom: Developers and investors capitalized on low interest rates and high rental demand, constructing new units and renovating older complexes. * Current crunch: