Regions
MARKET SNAPSHOT: Milwaukee Reports a Low Average Vacancy for Midwestern Market
Milwaukee has doubled its job growth in the last year; coupled with virtually no new construction, the market has one of the lowest vacancies in the Midwest.
Multifamily Sector to Remain at Top of Investors' List in 2012
The multifamily sector has been investors’ flavor of the year, and as per the results of commercial real estate services firm Jones Lang LaSalle’s Apartments Outlook 2012 Survey, it appears the sentiment will continue in 2012.
Ground Breaks on More Riverfront Apartments in N.J.
Work has begun on the Estuary, a 589-unit residential complex on the waterfront in Weehawken, across from Manhattan.
Today's Deals: Harbour Realty Snags 280 Units in Chicagoland
Harbour Realty Partners purchases 280 units in Chicagoland; Passco Companies buys a 212-unit golf-oriented community; Greystone originates $15.8 million for a property in Florida; and Walker & Dunlop provides a $6.1 million loan under Freddie Mac’s CME program.
7 Reasons D.C. Is Experiencing a Strong Multifamily Market
Multifamily investment in 2011 has been the golden child of commercial real estate. With strong economic and employment fundamentals, large metros such as Washington, D.C., have attracted investors.
Inland Empire Apartment Market Will Continue to Prosper
California’s Inland Empire, an area hit particularly hard by the Great Recession and its aftershocks, is seeing an intensification of demand for rental properties, according to a new report by real estate investment specialist Marcus & Millichap.
Changing Manhattan's Skyline: NY's Newest, Tallest Residential Building
Manhattan is world-renown for its skyscrapers. And now the tallest residential building is almost complete. Extell Development Co. announced that sales have started for ONE57, a 90-story glass tower, which will rise 1,000 feet above Midtown Manhattan.
Today's Deals: JV Lines Up Funds for Bethesda Mixed-Use Development
Northwestern Mutual funds a joint venture mixed-use development; The Praedium Group and Hamilton Zanze & Company sell a Colorado asset; and HFF closes REO sale of Veranda Park in Orlando, Fla.
Apartment Property Insurance Goes on the Upswing in 2011
A year can make quite a difference, and it has in the National Multi Housing Council’s annual Apartment Cost of Risk Survey. As per the study’s results, the cost to insure apartment properties increased from 2010 to 2011, going up 1 percent.
Today's Deals: ARA Announces $64.5M Portfolio Sale
ARA announces a $64.5 million portfolio sale; Phoenix Realty Group acquires two assets for $65 million; and The Bozzuto Group partners with Giant Food on a $125 million development.