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For a while, Chicago-based Equity Residential has been rumored as a potential buyer for parts of Denver-based Archstone’s massive portfolio. A Wednesday report from The Wall Street Journal verifies that speculation, saying that Equity Residential “has emerged as the lead bidder in the contest to...
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According to a geographic exposure study recently conducted by Charlottesville, Va.-based SNL Financial, since 2007, Archstone has decreased its overall asset exposure in Virginia and California, while increasing its asset bulk in Georgia, Florida, and Texas.
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Foreign investors have spent about $2 billion so far this year on U.S. apartments, despite a 21-year-old law that imposes stiff tax penalties on cross-border investment in real estate.
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Online renewal technologies can more effectively close the deal on the easiest leasing customer you’ll ever have: your current residents.
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Like many multifamily developers, Denver-based Archstone sees opportunity in Texas. To help capitalize on those possibilities, the firm recently promoted Jay Curran (previously with Atlanta-based Novare) to vice president of development for Texas. He took some time recently to chat with ...
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Following a Reuters report last week that revealed Archstone was quietly shopping its apartment portfolio, a shortlist of potential buyers declined to comment on whether or not the Denver-based owner/operator of 57,474 units has solicited their respective firms regarding a deal.
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The pros and cons of integrating systems dashboarding for apartment oeprators and executives.
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For years, Washington, D.C., area residents would drive by the 10-acre, old convention center site between New York Ave. NW and 9th, H, and 11th streets, and wonder one thing—why hasn’t anyone built here yet?
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Multifamily IT Execs Steve Sadler, Kristy Simonette, and Donald Davidoff Weigh in on the Future of Multifamily Technology
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Technology software, systems, and applications are evolving quickly to meet the marketing and operational needs of apartment owners and operators.