MARKET SNAPSHOT: Vacancy in St. Louis Declines for Sixth Consecutive Quarter
St. Louis–Vacancy in St. Louis is expected to decrease 110 bps, to 6.5 percent, this year, according to Marcus & Millichap’s third quarter report on the market.
MARKET SNAPSHOT: East Bay Vacancy Declines, Planning Pipeline Expands
Oakland, Calif.–Vacancy in the East Bay is projected to reach levels seen three years ago, according to Marcus & Millichap’s third quarter 2011 Apartment Research Market Update.
MARKET SNAPSHOT: Boston’s Strong Demographics Appeal to Apartment Developers, Buyers
Boston–The Boston apartment market has seen some positive signs, particularly with the creation of jobs and demographics of the city.
MARKET SNAPSHOT: ‘Boom Town’ of Nashville Attractive to Out-of-State Players
Nashville, Tenn.–The Nashville apartment market is “moving in the right direction,” reports Scott Tyrone, director of ARA’s (Apartment Realty Advisors) Nashville office.
Housing Affordability Remains Near Record High
Washington, D.C.–Housing affordability hovered near its high during the second quarter of 2011, according to National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) data released today.
MHN Interview: Pushing Electric Vehicles Forward through Multifamily Partnerships
Michael Farkas discusses the trend of electric vehicles and how multifamily owners and operators can help move the trend forward.
MHN Interview: Pushing Electric Vehicles Forward through Multifamily Partnerships
Car Charging Group CEO Michael Farkas talks to MHN Managing Editor Erika Schnitzer about the trend of electric vehicles, the difficulties in implementing charging stations, and how multifamily owners and operators can help move the trend forward.
Meet the 2011 Excellence Awards Finalists
MHN is pleased to announce this year’s finalists below. Winners will be announced on Sept. 19 in New York at MHN’s Cocktail Party and Awards Celebration.
MARKET SNAPSHOT: Houston Transaction Market Picks Up Speed in 2Q11
Houston–The second quarter of 2011 marked the sixth consecutive period of effective rental rate increases in Houston, according to Transwestern’s second-quarter 2011 Houston apartment report.
When, and How, Lehman’s Holdings Could Dispose of Archstone
Englewood, Colo.–Recent reports indicate that Lehman Brothers, Barclays and Bank of America will be pushing forward on plans to either sell or list Archstone, which Lehman purchased for $22 billion in 2007.