It’s the biggest story of the year, and Multifamily Executive had it first. But... More
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? More
Funds from operations (FFO), moreso than occupancy levels or net operating income (NOI), is the generally accepted measure of operating performance for real estate investment trusts. And in the third quarter of 2009, with unemployment mounting, apartment REITs saw their FFO take a hit. Here is a ranking of the REITs with the highest FFO for the third quarter. More
After spending a couple of years on the sidelines, Dallas-based Behringer Harvard Multifamily REIT I has jumped back into the multifamily in a big way. After buying one property earlier in the year, the unlisted REIT made four buys in September, totaling 1,389 units. More