Thousands of new units will open between now and the end of 2018, mainly in and near downtown, but the leasing activity at the Aurelien shows that demand exists to absorb the new supply.

GlobeSt.com caught up with Hugh Allen, CRE regional director at TD Bank, to get his insights in this exclusive interview.

From January 2014 through June 2017 New York City produced a total of 25,342 new affordable housing units across the five boroughs. That represents approximately 32% of the mayor's construction target.

An OC-based Walker & Dunlop executive closes a $289-million loan with Fannie Mae on 21 Section 8 and 11 Fannie Mae Green Rewards properties across California, prompting the question of relaxing underwriting for these niches.