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Some of the biggest names in the apartment industry reported significant improvement in rents in the first half of 2010. But the question is: How have those numbers improved without significant job growth?
The Voyager at Space Center—a 313-unit luxury apartment community within walking distance of the Johnson Space Center in Houston—recently became the largest project certified by the National Association of Home Builders (NAHB) Research Center under the ANSI-certified National Green Building...
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While cap-rate centric institutional buyers mindful of market fundamentals are balking at cap rate compression, opportunistic private investors and opportunity funds with aggressive yield expectations and the underwriting to match are standing 20 and 30 bidders deep to pay what the market demands...
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On Tuesday, Delaware's Bankruptcy Court cleared the way for Toronto-based Brookfield Asset Management to provide an equity injection to San Diego-based Fairfield Residential by approving the company’s plan of reorganization.
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Global information services company Experion recently acquired RentBureau, one of the nation's largest nuetral rental credit bureaus. The acquistion has many positive long-term prospects, including helping renters who are unscorable through traditional credit bureaus get their foot in the door to...
Fortress Investment Group has acquired CWCapital in the third major acquisition of a special servicer this year.
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In some markets, such as New York and Washington, D.C., transactions have picked up noticeably this year and cap rates are falling. But in other markets, there are still a lot of distressed assets trading. In fact, some markets are seeing more distressed assets trade than conventional ones.
As the price of materials such as lumber and concrete continue to fall, many developers are employing an "as-needed" approach to purchasing at the end of the second quarter.