Grubb & Ellis predicts soft landing in annual forecast
Construction remains in check and the economy grows enough to fuel continued business and global trade expansion. Stable interest and cap rates will keep the real estate investment market healthy. "We expect the economy to...
Let’s make a deal
According to Real Capital Analytics, repositioning plays accounted for more than eight percent of all transactions nationally last year. Half-vacant assets, deferred maintenance and a challenging tenant base are the stuff value-added plays are made...
A new altitude
"I think that characterization's a little bit dated," he told the analyst, pointing out that monthly rents for the company's apartments averaged nearly $900 by mid-year, up from about $700 just four years ago,...
Head East, investor! Head East!
Over the past few years,investors from California have ramped up their out-of-state investments, favoring Phoenix, Dallas, Las Vegas, and now Atlanta. "Around 70 percent of the deals we brokered this year were to out-of-...
Shaq’s first round pick
The O'Neal Group, a real estate and development company, plans to acquire, develop and promote select projects across the nation. The firm's first project is a partnership with Miami-based MDM Development Group called Metropolitan Miami....
Madhouse to green house
When the 500-unit Octagon Apartments finally came to market last spring, the timing was absolutely perfect and lease-up was achieved with astonishing velocity of more than 75 units a month, more than double original...
Riding the global wave
Not likely in the short term, although one homegrown multifamily REIT already has a jump on the competition. Coca Cola and McDonalds are in China, Exxon is in Saudi Arabia and retail and industrial mega-REITs...
Lunar power in the Big Apple
The company's founders hope to see the turbines they've created to harness tidal power someday be available to other communities near similar tidally-driven and free-flowing waterways around the globe. Verdant was incorporated in 2000 by...
Extreme makeover corporate edition
Unlike CondoLane, Evolv is an entirely separate company with a much- expanded platform embracing the full spectrum of multifamily from condos, townhomes, lofts and rental apartments to resort and vacation ownership properties. Services include everything...
Borrowed money
The latest buzz at a recent multifamily conference revolved around interest rates and where they were likely to head in the short term. Will it go up or down? Will the fed hold the...
Change is in the air
The industry gave a collective sigh of relief after the Federal Reserve met at the end of October and decided to leave the federal funds rate unchanged. Those that hoped to see rates go...
Fluid movement
Air travelers may again carry lotions and gels onto planes after a six-week ban -- but only in tiny containers of 3 ounces or less, and bundled in a single clear, quart-size zip-top plastic...
Mind of a leader: A bias for action
As events unfold, Ewell decides not to take that hill. After all, Lee's statement was a bit ambiguous, giving the commander an out if he opted not to take the hill. Lee's famous order:...
