Trophy Transactions Reflect a Healthy Investment Market
The largest multifamily transactions being completed today, from trophy to distressed, show an investment market that is running in high gear.
‘Foong on Finance’ with Keat Foong: 1 for 3
Actions related to the debt ceiling being initiated by President Obama and Congress will establish the spending limits for the HUD budget going forward. President Obama has placed social security and Medicare on the table. He and the Republicans reportedly have plans to curtail social security (which does not contribute to the federal deficit), Medicare and Medicaid, all support programs for the middle class and/or the poor. Will President Obama be known as the Democratic president who succeeded with these radical plans (more than $3 trillion in cuts) to begin to claw back social support programs that even Republican presidents have not had the audacity…
‘The Accidental Economist’ with Jack Kern: Ordinary People
The people who rent apartments are not objects of study and derision for homebuilders, but instead just ordinary people who need a place to live.
TODAY’S DEALS: Jones Lang LaSalle Closes $125M Debt and JV Equity Raise for Student Housing
Jones Lang LaSalle arranges a joint venture partnership between The Collier Companies and Madison International for student housing properties, and NorthMarq Capital closes on a construction loan and tax credit bridge facility.
Apartments Will Yield 11.4% this Year, Say Investment Managers
The Pension Real Estate Association (PREA) surveyed some of their member firms in May regarding their forecasts for the U.S. commercial real estate markets. Respondents predict apartment investments will register a total investment return of 11.4 percent this year.
‘Foong on Finance’ with Keat Foong: Apartments Will Yield 11.4% this Year, Say Investment Managers
The Pension Real Estate Association (PREA) surveyed some of their member firms in May regarding their forecasts for the U.S. commercial real estate markets. Respondents predict apartment investments will register a total investment return of 11.4 percent this year. Total apartment investment return (on the NCREIF Property index) is expected to fall in subsequent years, though, to 9.3 percent and 9.2 percent in 2011 and 2012, respectively. The apartment investment returns prediction for this year breaks down to 5.5 percent in income returns, and 5.9 percent in appreciation returns. Sixteen firms participated in the survey this quarter, with the firms…
Durban Amendment’s Impact on Resident Debit Payments
A rule that would make it cheaper for residents to use debit cards to pay rent is now under threat.
SPECIAL REPORT: Understanding Investors’ Goals Is Secret to Fee Management Success
The keys to property management success include having an understanding of who composes the property’s ownership and what their goals are, said speakers at the NAA Education Conference and Exposition in Las Vegas.
Ancillary Income’s Contribution to the Bottom Line
Whether from new or old sources, ancillary income can add significantly to a property management company’s revenue.
SPECIAL REPORT: Echo Boomers Surpass Baby Boomers as Largest Apartment Group
Las Vegas–Baby boomers have been usurped in their position as the leading demographic group by echo boomers, say speakers at the NAA Education Conference & Exposition.