Regions
Economy Watch: A Look at the Increase in Consumer Spending
Some good news, especially for retailers: U.S. consumers’ daily spending, according to Gallup, fell to an average of $81 in January, down from $98 in December.
A New Strategy for Acquisitions
Why TruAmerica is looking for properties in blue- and gray-collar areas.
Creating a Strong Demand for Renters with an Employer-Adjacent Community
Waterton Associates has acquired the Villas at Hermann Park, which is adjacent to the largest employer in Houston.
Cushman & Wakefield Provides Heavenly Guidance
American Bible Society has sold its headquarters to Avalon Bay Communities for $300 million.
TODAY’S DEALS: CityR Group Grabs 672 Units in Illinois
Eastern Union arranges financing for a CityR Group buy; BBVA Compass provides $30 million for an acquisition in Mesa, Ariz.; and Greystone originates $30.5 million for a four-property purchase in North Carolina.
Raintree Bulks Up Its SoCal Apartment Portfolio
Raintree Partners has acquired five multifamily properties in Los Angeles County totaling 327 units.
Unusual Amenities to Attract Renters
Bell Partners’ new community offers Wii and Xbox as amenities, and allows resents to have non-poisonous frogs.
The Benefits of Being Walkable
Mill Creek Residential and AEW Capital Management announce the grand opening of a new walkable community.
TODAY’S DEALS: AvalonBay Eyes NYC’s Upper West Side
AvalonBay buys a development site in New York; and Toronto’s Milestone Apartments REIT completes a $40 million Orlando acquisition.
Gross Domestic Product Up. Will That Benefit CRE?
The GDP might be stronger than it seems in ways that could benefit the commercial real estate industry.