Multifamily Real Estate Investors Limp Into 2024

Holiday cheer isn’t in the air for office and multifamily developers and landlords. In New York, another rent-stabilized landlord is in trouble. This time, it’s Isaac Kassirer facing foreclosure after defaulting on $110 million in debt tied to affordable housing in the Bronx. A trustee for the CMBS debt is looking to foreclose on the […]