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The property will include new amenities in 2025.

It is set to go under ownership of Uniqlo.

The new rules are a significant change from how the GSEs monitor loans in the multifamily mortgage market

Worries grow about a coming economic slump that rate cuts might not be enough to put off.

The sales could help reestablish price discovery and strengthen valuations to ultimately pull the market out of its doldrums.

Asking rents were 23% above pre-pandemic (June 2019) levels, while mortgage payments were 90% above

Sixty-nine percent of properties sold to investors went to mom-and-pop investors.

On average, privately owned student housing runs around $1,000 per month per bed.