This chapter discusses a bill in New York City that aims to track vacant apartments and hold landlords accountable for their maintenance. They also delve into the foreclosure of multiple properties in Houston by GVA syndicator due to defaulted loans and rising interest rates.
You know the story: interest rates rose and deal flow slowed. After a year and half of sluggish trading, what's next for NYC's investment sales market? Avison Young's Head of Tri-State Investment Sales James Nelson lays out the market dynamics set to drive office and multifamily deals. Ariel Property Advisors' Founder Shimon Shkury gets granular on the distress affecting the rent-stabilized market.
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