How Can Multifamily Be In A Bubble Without Oversupply? We May Be About To Find Out

On this episode of the podcast, we're examining the office leasing market in New York City and how lenders view office assets. More questions have been raised around the office sector in recent weeks, as investment giant Blackstone handed back the keys to the building at 1740 Broadway and as the office vacancy rate has remained stubbornly high in Manhattan.

“This utilization of office has really delayed the interest of lenders to lend on office, particularly in the major CBDs,” Michael Gigliotti, the co-head of the New York office at JLL Capital Markets, said on the podcast.

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In Case You Missed It...

As it becomes more difficult and costlier to find and buy a home in Houston and other Texas communities, housing developers are expanding their inventory of housing types, including build-to-rent. But not all developers are seeing the uncertain single-family housing market as an opportunity for growth.

Build-to-rent housing, which is growing more popular in new housing developments, particularly in the Sun Belt, is eyed as a lucrative new investment opportunity and an appealing housing option for those who want the space and a yard without pricey and tedious maintenance. But Alex Kamkar, managing shareholder…

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