Chicago — Campus Acquisitions, a Chicago-based firm focused on student housing development, has acquired two student housing projects for undisclosed amounts in South Carolina and Texas. More
Three-quarters of the people living in the Beachwood, an apartment property in Los Angeles, were born in Latin America. Another quarter moved to California from the Midwest or the Northeast. More
The Minneapolis metro area is one of the top five in the Midwest in terms of vacancy rates, ending 2007 at 4.2 percent, the metro’s best vacancy rate since 2001. The area is forecast to have a 4.5 vacancy rate in 2008. More
Detroit—Habitat Co., based in Chicago, has placed Lafayette Towers, a 584-unit apartment complex located downtown, on the sales block for $20 million. More
As in Aesop’s tale of the tortoise and the hare, the race doesn’t always go to the swift More
Favorable economic factors, strong demand for rental housing and sluggish construction of new apartment units are among the positive factors apartment owners and investors can bet on this year. More