Globest Sectors

Damac Properties submitted the only bid for the 1.8-acre oceanfront property, where it plans to build a luxury residential tower.

Asset manager will move into City National Plaza, reduce its footprint by 22%.

The usual suspects, such as New York City, Los Angeles and Dallas/Ft. Worth, are leading the way.

Opportunistic and value-add strategies continue to be the focus for funds targeting multifamily investment.

Deal flow could moderate if banks become more conservative or if buyers demand higher yields.

The scarcity of single-family rentals should propel the sector forward.

AXA IM Alts and TruAmerica Multifamily have expanded their US multifamily portfolios with the addition of a 22-property asset.

Contrary to expectations, REITs perform as well or better that the S&P when interest rates increase.