For a few months, Tides Equities has been desperately seeking preferred equity to shore up its investments in 30 apartment complexes. The company has said the money would help it through this ...
Editor’s note: This story has been updated to reflect that increases in inventory and days-on-market data are indicative of a market favoring buyers. Buyers largely held the upper hand in Summit ...
Last summer, well before multifamily syndicator Tides Equities would show its troubled hand to investors, economists warned that the Federal Reserve’s rapid rate hikes could trigger a wave of defaults ...
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