Multifamily

In a business populated by extroverts, Diana Reid views herself as an introvert. The head of PNC Real Estate at PNC Financial Services Group says it's an attribute that she's made an asset as she looks to build consensus and drive business growth.

The U.S. subsidiary of Japanese-owned Orix Corp. is adding another housing finance firm in the commercial and multifamily space to its stable of companies with its purchase of Lancaster Pollard.

A midyear report says the average vacancy rate across the Twin Cities metro during the second quarter was just 2.4%, down slightly from last year and the previous quarter.

Housing starts faltered in July on an abrupt slowdown in apartment construction and a modest decline in single-family homebuilding that shows the industry will do little to spur the economy.

A Denver-based real estate company specializing in affordable multiunit family and senior housing has bought several low-income or senior housing units in central Maine for $21 million and expects to renovate the properties.

So-called transitional lending has traditionally been kept on balance sheet; but it’s become attractive to bundle the loans for transactions called (take a deep breath) commercial real estate collateralized loan obligations. Can investors stomach the features these deals sported before the crisis?

Insurers are seeing modest gains in market share as banks, facing increased scrutiny from regulators, lightly tap the brakes.

The California lender, which specializes in trade finance, reported strong growth in commercial and other lending categories last quarter, and it urged the Trump administration to seek fair trade deals with China.

Wage gains have fallen far behind skyrocketing costs for housing, a gap that's emerged despite a robust job market in recent years, according to an unsettling report released Monday.

Oh, the pain, the pain — and the cost, the cost — of renting a Bay Area apartment.

With traditional mortgage lending opportunities becoming increasingly scarce, banks in Seattle and Portland are loading up on jumbos, diving into multifamily and reviving dormant bridge loan programs.

Homebuilders in the Twin Cities on Friday finished their best month in more than a decade.

Apartments in Albuquerque are in high demand as occupancy rates remain strong and rent continues to climb.

Houston will need more than 214,000 new apartment rental units by 2030 to meet demand from a population that is drifting from homeownership, according to a new study by the National Multifamily Housing Council and the National Apartment Association.

BBVA Compass has made a $1.8 million investment in the Mile High Community Loan Fund to support affordable housing lending in four Colorado cities.

EagleBank has been approved as the 13th Ginnie Mae multifamily mortgage-backed securities issuer

Fannie Mae will give below-market-rate financing to multifamily borrowers who incorporate healthy design features in their newly constructed or rehabilitated buildings.

San Mateo County, Calif., officials opted to spend $43.75 million over the next two years to boost the number of housing units geared at working families.

Unexpected declines in new-home construction and building permits in April indicate the market is off to a weak start this quarter.

A pair of real estate developers told a Greater New Haven Chamber of Commerce audience that they regard New Haven, Conn., as one of the most attractive places in the nation in which to do business.