Robust employment improvements and family-creation could cycle the Gen-Y demographic out of rental housing sooner than experts predict.
ROIs on condominimum projects will begin to look increasingly attractive as the cost difference between renting and owning grows.
Despite an uptick in sales activity and a drop in prices, investors are still working to make financial and ROI sense of the condo sector.
Starwood Capital and other investors now control properties that include 12,000 condo units.
The timing couldn’t have been better for New York City-based development company Clipper Equity, which was in the market for a condo...
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