National
Economy Watch: Why Smart Money’s on Multifamily
For-rent multifamily is long past being the darling property type of the year for any particular year since the recession hit.
Apartment Market Looks Forward to Continued Strength in ’15
The U.S. apartment market still has the wind at its back, according to the just-released 2015 National Apartment Research Report by investment specialist Marcus & Millichap, with apartments exceeding expectations in 2014.
Economy Watch: The Persistent Sluggishness of Retail Development
Retail sales dropped a bit in December, the Census Bureau reports, adjusting for the holiday season–down 0.9 percent compared with November–which sounds like bad news for retailers and the landlords that lease space to them.
Economy Watch: Will Interest Rates Rise Sooner Rather Than Later?
Predicting what the Federal Reserve’s going to do about interest rates is something of a mug’s game, since the central bank goes out of its way to be opaque about policy matters.
Seniors Housing Wins Cincinnati’s Greenest Building for ’15
The Reserve on South Martin, a seniors housing property, has been named Cincinnati’s Greenest Building for 2015 by the Cincinnati Business Courier.
TODAY’S DEALS: Forest City Completes Three Investments with Arizona State Retirement System
Forest City closes investment allocations in D.C., Philadelphia; and Oakland, Calif.; a joint venture led by The Preiss Co. completes a Florida student housing acquisition; and CareTrust REIT closes a $7.5 million preferred equity investment.
Economy Watch: Another Strong Jobs Report to Round Out 2014
The U.S. economy gained 252,000 jobs in December, representing another healthy month of job growth, according to the Bureau of Labor Statistics.
TODAY’S DEALS: Oak Grove Keeps the Texas Deals Rolling
Oak Grove Capital arranges four acquisition loans for ICG; Blue Ridge Cos. lands a property management gig in South Carolina; and NorthMarq Capital finalizes a $19.95 million refinance carrying a five-year interest-only feature.
Economy Watch: Retail Recovery at a Snail’s Pace
Reis released its latest quarterly report on the U.S. retail real estate market.
TODAY’S DEALS: Berkshire Group Takes Two Assets Off Crescent’s Hands
Crescent Communities continues to sell in North Carolina; Cushman & Wakefield originates $49.6 million in seniors housing construction financing; and Dobbins Group completes and sells a 135-unit upscale apartment community it redeveloped.