Driven By Strong First Half, NYC Investment Sales Rise To $23.7 Billion
New York City investment sales reached $23.69 billion across 1,914 transactions in Q1-Q3 2026, marking increases of 9.1% and 7.9% from the previous year.
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Rent freeze scaring away government-backed lenders
A knock-on effect of the rent freeze that went into effect last month? Even the lenders that backstop much of the mortgage market are becoming resistant to old patterns. Fannie Mae toughened its underwriting standards for rent-regulated buildings while Freddie Mac has paused new lending as it assess
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