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Crescent, in partnership with Harvey Rudy, is considering office and apartments on the property.
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The average capitalization rate for a multifamily sale across the 30 most active U.S. markets was 5.04%, but swings between cities exceed 200 basis points.
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Manhattan recorded 60 sales in the second quarter of 2025, a 29% drop from the previous quarter
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Lincoln Property Co. and Rice University are overcoming office vacancy and skepticism of life sciences to develop a lab and office building in Houston.
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Developers are flooding Richmond with data center projects, but mounting pushback from residents could reshape the region’s future.
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A stabilization of the return-to-office trend and a narrow pipeline helped bring positive office absorption to the metro area.
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The state’s 421-a replacement has limited developer interest in building rentals, while the new city administration has limited interest in owning them, too.
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The office sector is set to benefit most, but economists caution that the cut isn't a panacea.
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For the second straight quarter, the financial services and insurance industry made up half of the top 10 office transactions in DFW.
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Institutional investors have opted to invest less directly in real estate, with private debt funds emerging as a popular option.
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