Wes Klockner

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    While these increases are starting to cause upward pressure on cap rates, apartment values have held relatively steady since tighter occupancy levels are simultaneously causing upward pressure on rental rates.

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  • Economy Watch: Retail Sales Up Robustly in May

    U.S. sales saw a slight increase in May, with most categories gaining ground. However, furniture stores, sporting goods, hobby, music and bookstores suffered significant sales decreases.

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  • Luxury FL Asset Lands $35M Construction Loan

    Centennial Bank provided financing for Meyers Group to construct a 600-unit property in Dania Beach, part of the larger Dania Pointe development.

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    TH Real Estate acquired the 240-unit multifamily asset, securing $40 million in revenue bond financing from Maricopa County’s Industrial Development Authority.

    17 December 2018 14:24