RXR Realty acquired a 500,000 square foot industrial site in New Jersey, projecting a 9% IRR over five years, highlighting the continued strength of the industrial sector.
“We are actively seeking an anchor tenant to secure financing and provide insight into the project's performance potential.”
“If interest rates remain above 5%, we could see a 15% increase in distress sales in the multifamily sector by Q3.”
“We are seeing rising multifamily distress with delinquency rates at 7.2%.”
“61 Broadway demonstrates what can be achieved when thoughtful public policy meets private-sector expertise.”
End of Intelligence Report · 1 Sources Verified