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.
Meet the 2011 MHN Excellence Finalists
The MHN Excellence Awards recognize the multifamily industry’s most noteworthy people, companies and properties
MARKET SNAPSHOT: Value-Add Opportunities Abound in Denver
Denver–Attracted to the in-migration and job growth, Advenir recently entered the greater Denver marketplace with its acquisition of the 220-unit Briarglen Apartments in Colorado Springs.
MARKET REPORT: West Coast Experiences Substantial In-Migration, Rent Growth
Many major markets on the West Coast are experiencing significant rent growth due to substantial in-migration.
MARKET SNAPSHOT: New York Experiences Decline in Transaction Volume; New Capital Comes to Market
New York–New York experienced a decline in transaction volume in May, according to Ariel Property Advisors’ Multifamily Month in Review.
MARKET SNAPSHOT: Orlando Investment Market Seizes Distressed Assets
Orlando, Fla.–The high unemployment rate in Orlando continues to be the greatest factor impacting the local apartment market.
MARKET SNAPSHOT: Memphis Investment Market Remains Tepid
Memphis, Tenn.–The Memphis apartment market is doing fairly well because of a lack of new construction, reports Sondra Wimbs, vice president and director of property management at Alco Management.
Energy Audits Make Prudent Investments
The recession has made the industry more conscious of expenses; some lessons learned can be carried over into the future, as we strive to save the environment.
Phoenix’s Resilience to Foreclosures and Immigration Battles
Industry experts expect the Phoenix multi-housing sector to survive a flood of single-family foreclosures and unanswered questions about the impact of Arizona’s immigration legislation.
Social Networking as an Apartment Marketing Tool
Despite an increase in activity on apartment social networking sites, residents aren’t attributing a significant amount of importance to this medium, according to J Turner Research’s most recent findings.