Job cuts are reportedly occurring across multiple divisions, including investment banking, trading, investment management and wealth management. Within wealth management, private bankers and back-office support staff were among those affected. Layoffs began... Read more »
In the two-thousand-mid-teens, you would not have needed a crystal ball to predict that three Japan-based vertically integrated real estate powerhouses would each rank among the nation’s top 15 enterprises. That’s because... Read more »
Analysts at Morgan Stanley are skeptical that President Donald Trump’s plan to improve housing affordability by driving mortgage rates lower will have much of an impact. In a research note on Jan.... Read more »
Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), said Monday it had acquired a last-mile delivery distribution facility adjacent to Los Angeles International Airport (LAX)... Read more »
Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time lows, and home prices continued to climb. Next year,... Read more »
In a recent analysis, Morgan Stanley has revealed that home prices could experience a significant drop of up to 5% in the coming year if mortgage rates remain at their current 8%... Read more »