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Greystar Real Estate Partners said it is acquiring a business that manages nearly 130,000 housing units, a deal that extends Greystar’s position as the country’s largest operator of rental apartments.
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A rising number of office- and apartment-building owners are falling behind on their mortgages, a sign the economic shutdown is harming stabler property types and raising the prospect of widespread industry damage.
Property Report
The soaring use of telemedicine during the Covid-19 crisis poses a new risk for nursing homes and senior-housing businesses, which have already suffered damage to their images and finances.
Property Report
Tens of thousands of individuals who poured money into real-estate funds aimed at small investors are now trying to pull cash out during this period of economic turmoil.
Property Report
Coronavirus has caused widespread stress in property assets such as hotels, retail properties and mortgage-backed securities.
Property Report
With the coronavirus pandemic sharply curtailing travel, more hotel owners are offering their properties to government authorities for medical use.
