A new forecast from Freddie Mac Multifamily predicts that the Covid-19 pandemic will result in higher vacancy rates and lower rent growth through the rest of 2020. Driving factors include the bad job market and lower overall household income.
Wall Street’s Brookfield Asset Management, Inc. recently bought a controlling stake in single-family landlord Conrex, which operates more than 10,000 rental homes across the Midwest and Southeastern U.S.
Private-equity firm KKR has paid a record setting $176 million for a huge Amazon fulfillment center in Kenosha. KKR acquired the two Amazon warehouses totaling 1.5 million square feet along Interstate 94.
“We are excited to increase our footprint in these major distribu...