LaSalle’s Richard Kleinman discusses core strategies and real estate resilience in today’s economy

by Andrea Zander

Core real estate continues to demonstrate resilience amid market uncertainty. Supported by long-term leases, diversified income streams and a slower mark-to-market pricing cycle, the asset class has historically provided a degree of protection during economic downturns. In this interview, Richard Kleinman, head of research and strategy and co-CIO for the Americas at LaSalle, discusses why core real estate stands out compared to other asset classes. He also explores sector-specific risks tied to tariffs, how different property types are being affected and where investors may find the greatest stability.

PATRIZIA, Urbania launch joint venture exceeding €130m to develop sustainable and affordable housing in Spain

by Released

PATRIZIA and Urbania have launched a joint venture, Sustainable Communities Spain (SC Spain), focused on delivering an investment program of more than €130 million ($145 million) of sustainable and affordable housing across major metropolitan areas in Spain.

Montgomery County, MCB Real Estate partner on first ever TIF to support $2.8b investment in East County

by Andrea Zander

Montgomery County, Md., has announced the first ever tax increment financing (TIF) proposal to support the $2.8 billion Viva White Oak project, a transformative mixed-use development that will bring thousands of jobs, housing units and new infrastructure to East County.

Number of markets where renters need to earn $100K to afford rent has doubled since 2020

by Released

The rising costs of living have affected affordability for renters across the country. Nationwide, renters today need to earn more than $80,000 to comfortably afford the typical rental, up from $60,000 just five years ago. In eight major metro areas, renters now need to make six figures to comfortably afford rent, a new Zillow analysis reveals.