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Houston Apartment Owner Loses 3,200 Units to Foreclosure
Business

Houston Apartment Owner Loses 3,200 Units to Foreclosure

The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows. Source link

Construction Industry Has Work, Needs More Workers
Business

Construction Industry Has Work, Needs More Workers

A surge in nonresidential building is keeping contractors busy and searching for talent. Source link

Renewable Diesel Booms Despite Concern Over Effect on Food Prices
Business

Renewable Diesel Booms Despite Concern Over Effect on Food Prices

As U.S. production of the plant- and animal-derived biofuel soars, the EPA is worrying about surging demand for vegetable oils Source link

Renewable Diesel Booms Despite Concern Over Effect on Food Prices
Finances

Renewable Diesel Booms Despite Concern Over Effect on Food Prices

As U.S. production of the plant- and animal-derived biofuel soars, the EPA is worrying about surging demand for vegetable oils Source link

These Tech Workers Say They Were Hired to Do Nothing
Business

These Tech Workers Say They Were Hired to Do Nothing

Management Managing Your Career Amid layoffs, former workers in tech are venting about jobs with little to do; ‘hoarding us like Pokémon cards’ Source link

Big Hospital Property Owner Expects Earnings Hit
Finances

Big Hospital Property Owner Expects Earnings Hit

Medical Properties Trust expects to take a roughly $300 million charge tied to a deal involving some of its holdings. Source link

Chinese Consumers' Lack of Confidence Is Causing a Rush of Mortgage Prepayments
Finances

Chinese Consumers' Lack of Confidence Is Causing a Rush of Mortgage Prepayments

Worries about future income levels and poor investment returns are pushing borrowers to repay debt early. Source link

India’s Gautam Adani Wants to Redevelop Giant Slum From ‘Slumdog Millionaire’
Business

India’s Gautam Adani Wants to Redevelop Giant Slum From ‘Slumdog Millionaire’

Billionaire’s Adani Properties is expected to get contract to replace narrow streets and shanties of Dharavi in center of Mumbai Mumbai has had plans to

Apartment-Building Sales Drop the Most in 14 Years
Business

Apartment-Building Sales Drop the Most in 14 Years

Interest-rate increases and banking turmoil push down demand for multifamily buildings. Source link