The rules are designed to give more leverage to consumers and gradually drive down commissions.
Hilton's buyout deal with Blackstone helped Christopher Nassetta's wealth surge.
Higher interest rates and falling property values have stressed commercial real estate mortgage REITs.
Multifamily buildings make up the biggest share of potentially distressed properties.
The $10 billion fund has capped monthly withdrawals to preserve liquidity.
The REIT has put tight restrictions on investors' ability to withdraw money.
Blackstone agreed to acquire the Apartment Income REIT at a 25% premium to its share price.
The decades-old system for how US agents are compensated has long been controversial.
Deep discounts on commercial property deals are forcing lenders to brace for souring loans.
KKR Real Estate Finance Trust slashed its dividend to help it deal with souring loans.