International

Faced with dwindling liquidity and a wave of demands from investors, Sternlicht’s investment vehicle blocks the doors.

The average rate on 30-year mortgages, the most popular home loan in the United States, rose to 7.1 percent this week, Freddie Mac reported on Thursday.

The annual ranking highlights countries and regions outside the United States that are making significant strides in sustainable building design, construction and operation.

Mortgage and real estate markets have undergone several shifts since the global financial crisis and the pandemic.

The acquisitions have been made using the proceeds of November's €165 million (£147 million) capital raise.