National
Economy Watch: Real Estate Investment Still Low
The Bureau of Economic Analysis released some of the underlying details of last week’s preliminary GDP report, including information about real estate investment trends, by measuring such investments as a percentage of GDP.
Apartment Guide Survey Reveals Ratings & Reviews Service Influences the Apartment Search Process
Apartment Guide conducted a recent survey to determine the sentiment around user-generated reviews as it relates to the rental process and consumer behavior.
TODAY’S DEALS: Advenir Acquires 334-Unit Apartment in Texas
IPA arranges a Texas sale for DLC Residential; NorthMarq Capital arranges $11.5 million for an Iowa community; and Johnson Capital locks in a $17.2 million loan with no balloon from a life insurance company.
Economy Watch: More Evidence of Higher Home Prices
Case-Shiller’s most recent numbers last week pointed to sustained growth in U.S. home valuations, though the report was for the three months ending in May.
TODAY’S DEALS: Trammel Crow Sells Austin Asset
ARA brokers a Trammel Crow sale; Berkeley Point Capital closes $12.5 million for a Dallas acquisition; and Arbor Commercial Mortgage funds $49.6 million in FHA financing for properties nationwide.
Improving Markets List Includes 247 Metros in August
A total of 247 metropolitan areas across 49 states and the District of Columbia qualified for inclusion on the National Association of Home Builders/First American Improving Markets Index for August.
Economy Watch: Lenders Ease Their Standards (a Bit) in 2Q
According to the Federal Reserve, reporting in its July 2013 Senior Loan Officer Opinion Survey on Bank Lending Practices, domestic banks claim (on balance) to have eased their lending standards, and have experienced stronger demand for loans over the past three months.
TODAY’S DEALS: Indiana Community Sells for $37.8M
Marcus & Millichap brokers a 400-unit sale; Landmark Apartment Trust of America closes two separate acquisitions in Florida; and Berkeley Point Capital facilitates a $24.95 million refinance for a seven-year term.
Economy Watch: Employment Improving, But Growth Still Tepid
The monthly unemployment numbers for July were relatively weak—up 176,000 jobs—and it turns out that the previous months weren’t quite as strong as first reported, according to revisions released by the Bureau of Labor Statistics.
Economy Watch: Economy Creates Mediocre 162k Jobs
The U.S. Bureau of Labor Statistics reported that the economy created 162,000 jobs.