Dennis Steen

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Can Cap-Rate Compression Continue?

The current pricing environment continues to surprise observers, forcing many... More

Can Cap-Rate Compression Continue?

The current pricing environment continues to surprise observers, forcing many multifamily firms to reconsider their investment strategies. But can capitalization rates continue to trend downward? More

Lock That Rate: The 10-Year Treasury Hits a New Low

As the benchmark yield on the 10-year Treasury sinks to its lowest level in history, mortgage rates also hover at historic lows, helping to fuel transaction velocity. More

Lock That Rate: The 10-Year Treasury Hits a New Low

As the benchmark yield on the 10-year Treasury sinks to its lowest level in history, mortgage rates also hover at historic lows, helping to fuel transaction velocity. More

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REITs Stand to Gain From the GSEs' Demise

Unlike smaller owners, the REITs have many financing avenues available to them. And should the GSEs go away, many small owners may be forced to sell, allowing the big to get bigger. More

REITs Stand to Gain From the GSEs' Demise

Unlike smaller owners, the REITs have many financing avenues available to them. And should the GSEs go away, many small owners may be forced to sell, allowing the big to get bigger. More

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Portfolio Deals Signal End of "Extend and Pretend"

As the capital markets and multifamily fundamentals continue to improve, an increasing number of portfolio sales are closing throughout the industry. More

Portfolio Deals Signal End of "Extend and Pretend"

As the capital markets and multifamily fundamentals continue to improve, an increasing number of portfolio sales are closing throughout the industry. More

Multifamily Acquisition Market Heats Up as Cap Rates Fall

The acquisition market has been gathering steam in the second quarter, with cap rates declining nationally and the gap between buyers and sellers narrowing. The bidding on high-quality assets has become so frenzied that many long-term holders are beginning to wonder if now is a good time to sell. This is the first in a three-part series on the state of the multifamily transaction market. More

Multifamily Firms Rebid Contracts to Cut Costs

Rebidding contracts and grieving property taxes are two ways the recession can work in a multifamily firm's favor. More

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