WeWork floats bankruptcy exit deal, without Adam Neumann
The firm plans to rid itself of $4B in debt through $450M in financing and ignores founder Adam Neumann's bid to buy back the company
by Ben Verde Apr 30
Home prices surge to 'near all-time highs' amid rising mortgage rates
San Diego, Los Angeles, Washington, D.C. and New York posted annual price increases for the third-straight month, with each of the cities S&P CoreLogic Case-Shiller tracks hitting record highs
by Ben Verde Apr 30
March rents grew dramatically in Chicago and these 4 other cities
18 of the 50 largest US metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly
by Lillian Dickerson Apr 30
Apartment List rolls out Lea Pro, a bot for lead conversions and tours
The artificial intelligence-fueled tool allows leasing agents and landlords to generate new leads more efficiently, providing speed without the need for additional personnel, among other benefits
by Craig C. Rowe Apr 30
How multifamily can appeal to the baby boomer rental market
Many baby boomers are interested in rental markets close to home, multifamily expert Michael Zaransky writes, especially when they offer features that enhance their lifestyles and options
by Michael Zaransky Apr 29
Corcoran agent finds her home fraudulently listed on Airbnb
Sarah Stewart only learned her Hamptons vacation home was fraudulently listed on the platform after someone called her to confirm that they should wire $25K outside of the Airbnb platform
by Lillian Dickerson Apr 23
WeWork creditors urge consideration of Neumann's offer
The company's unsecured creditors seem to be tiring of its piles of debt, and say that to not seriously consider the ex-CEO's generous bid on the company is 'inexcusable'
by Lillian Dickerson Apr 23
38% of homeowners couldn't afford their home in today's market
Historic rises in median sales prices and mortgage rates have locked homeowners into their homes, according to a new Redfin report. Baby boomers are least able to afford today's market
by Marian McPherson Apr 23
Proptech investment is way down — but these 4 areas still see demand
AI, green building, and property and transaction management solutions are still seen as good investments by VC firms, new reports show, despite an overall decline in investments in proptech
by Lillian Dickerson Apr 19
Shape real estate's future: Take the Inman Intel Index survey for April
Opinion
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by Daniel Houston Apr 19
New build-to-rent homes hit a new high in 2023
A total of 27,500 build-to-rent houses in the United States were completed in 2023, according to a new report from RentCafe
by Ben Verde Apr 18
Coastal cities lead as single-family rent growth soars to 10-month high
Rental price growth for single-family apartments surged 3.4% in February, with Boston, Seattle and New York City rising fastest among US cities, according to CoreLogic data released Tuesday
by Ben Verde Apr 17
Sun Belt property managers merge as Bryten Real Estate Partners
Phoenix-based MEB Management Services and St. Petersburg, Florida-based Weller Management announced their merger on Monday
by Ben Verde Apr 16
Big Tech loses its appetite for office space, adding to landlord woes
Tech firms such as Meta, Amazon, Salesforce, and Google are offloading office space and letting commercial leases expire
by Ben Verde Apr 16
More and more renters believe they will never own a home
Thirty-eight percent of renters don't believe they will ever own a home — up from 27 percent less than a year ago, according to Redfin
by Ben Verde Apr 12
Single-family home sales to investors hit all-time high
United States property investors are putting the pedal to the metal and feeling optimistic despite a turbulent housing market
by Ben Verde Apr 11