Financing
Higher Interest Rates and Nontraded REIT Refinancing November 6, 2023

Higher Interest Rates and Nontraded REIT Refinancing

As of June 30, 2023, the weighted average interest rate on all NTR debt was 4.34%...These recent rates indicate that nontraded REITs seeking to refinance the debt principal are looking at significant rate increases on their borrowings.
Rents hit all-time high February 9, 2022

Rents hit all-time high

The national median price of a one-bedroom rental apartment in January was up 12% year-over-year, to $1,374 — an all-time high...
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