225 Rector Place has re-entered the condo market after a bumpy recent history. It’s once again owned by its original developer, the Related Cos.
225 Rector Place has re-entered the condo market after a bumpy recent history. It’s once again owned by its original developer, the Related Cos.
The Reuters/University of Michigan consumer sentiment index spiked unexpectedly on Friday to a mid-May reading of 77.8, up from 76.4 a month ago, which is the highest level since early 2008.
Enterprise Community Investment has closed a loan that will ultimately allow an affordable housing community to become more energy efficient.
The National Multi Housing Council, in its latest Quarterly Survey of Apartment Market Conditions, reports that the U.S. apartment industry is still chugging along at a robust pace.
The Census Bureau reported that the U.S. home ownership rate was 65.4 percent of all households during the first quarter of 2012, a contraction of 0.6 percentage points since the fourth quarter of last year, and down from 66.4 percent a year ago.
GLJ Partners has obtained $26 million in joint venture equity from the Canyon-Johnson Urban Fund for the acquisition of a 15-acre development site.
According to a report by Ariel Property Advisors, New York multifamily sales increased 34 percent in the first quarter of 2012.
Is there a possibility of a bubble developing in multifamily real estate driven by the low cost of capital, low yields in alternative investments, aggressive projections of apartment incomes in valuation and/or any other factors?
Crossbeam Capital LLC, a Bethesda, Md.-based real estate investment firm, acquired the 225-unit Parkside apartment community located in Gresham, Ore.