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In 2021, San Antonio made a record $5.4 billion in multifamily real estate transactions. Today, that number has declined dramatically.

Credit quality is expected to deteriorate further as higher interest rates mute economic growth while keeping debt service costs for businesses elevated, local bankers say.

Sunlight Financial is raising the alarm about its ability to continue operating as rising interest rates and its inability to generate cash further complicate its already perilous position.

Regulators are seeking an asset freeze, restraining order and preliminary injunction followed by a permanent injunction to cease all business activity.

Michael McKinney, former executive director of the Piedmont Triad Apartment Association, began leading Piedmont Business Capital on Aug. 1.

The Raleigh-based company is feeling pressure as its second quarter earnings release approaches.

Maxwell Commercial Inspections has reviewed properties that range from a dental practice to a 300-unit apartment complex.

The coworking studio largely works with the construction and real estate industry and is holding its grand opening this week.