Zohran Mamdani is already shaking up New York’s real estate market. The 34-year-old Democratic Socialist won a majority of voters Tuesday in the city’s mayoral race, on a platform addressing the sky-high cost of living in the city. Opponents say his policies, which include a rent freeze and higher taxes, will drive homeowners and investors […]
How Mamdani’s win is roiling New York’s real estate market Read More »
A New Jersey Superior Court judge has dismissed lawsuits from a coalition of state municipalities seeking to overturn a new affordable housing law — dealing a major setback to opponents of the policy. Assignment Judge Robert Lougy on Tuesday rejected two suits filed by the Local Leaders for Responsible Planning, a group led by Montvale,
Court dismisses N.J. mayors’ challenge to affordable housing law Read More »
The Local Initiatives Support Corp. (LISC) has appointed Valerie White to lead its national housing team — expanding her role beyond her current position as senior executive director of LISC New York. White will oversee the organization’s national housing investments — which total $30.4 billion to date — with a focus on expanding access to
LISC appoints Valerie White to lead national housing strategy Read More »
On-time rent payments improved in August 2025, offering a rare positive note in a year marked by declining performance, according to new data from Chandan Economics. Preliminary estimates for August show that 83.2% of tenants at independently operated units paid their rent on time — up 34 basis points (bps) from July. July’s figure was
Rent collections improve slightly, but late payments signal strain Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. With democratic socialist Zohran Mamdani likely to be the next Mayor of New York City, it seems safe to predict the end of the great progressive experiment in public housing that began during the New Deal. Tenants in city-owned apartments pay less
What Mamdani gets wrong about “affordable housing” Read More »
WFG National Title Insurance Co. has been added to Fannie Mae’s list of approved title insurers for multifamily transactions. The designation means lenders and borrowers using WFG for Fannie Mae–financed multifamily deals can avoid delays caused by policy exceptions or compliance issues. Fannie Mae requires approved insurers to meet financial strength, quality and coverage standards
WFG National Title added to Fannie Mae’s multifamily approval list Read More »
Permits for new multifamily housing construction have declined from the pace set during the COVID-19 pandemic, according to a Redfin analysis of U.S. Census Bureau data. Developers secured an average of 12.8 permits for buildings with at least five units per 10,000 people from July 2024 through June 2025. That is down 23.1% from the
Redfin: Multifamily housing permits fall from pandemic highs Read More »
An Arlington County, Virginia, “Missing Middle” housing initiative has been given new life following a Virginia Court of Appeals decision Tuesday — dismissing a lawsuit aiming to overturn the zoning overhaul. A report from WTOP News showed the court finding that a group of homeowners who filed suit failed to include real estate developers as
Virginia appeals court backs ‘missing middle’ housing policy Read More »
The Federal Housing Administration announced plans to introduce an across-the-board multifamily mortgage insurance premium that would eliminate incentives to adopt energy-efficiency standards. The Department of Housing and Urban Development proposed to level premiums to 25 basis points for all loans originated in multifamily programs administered by the FHA, a first step in eliminating what it
HUD moves to eliminate multifamily green-energy incentive Read More »
New York City mayoral candidate Zohran Mamdani’s primary win has banks with high exposures to rent-regulated real estate on edge. Mamdani, who has vowed to freeze rents on rent-stabilized apartments if he’s elected mayor, won over New Yorkers during the Democratic primary as their city’s housing market grows more expensive and competitive. The primary results
What a Mamdani mayoral win in NYC could mean for banks Read More »