Property managers and tenants alike now have a new online tool in their arsenal.
A tumultuous relationship between the city of Poway, Calif., and the mobile home park it owns may come to an end should the park sell – particularly if it sells to its residents.
Maryland-based REIT Inland American continues to add to its diversified portfolio. The company on Wednesday announced that it recently completed the purchase of four properties totaling approximately $154 million.
The worst is over for the U.S. apartment market, according to Marcus and Millichap’s 2010 National Apartment Report. A survey of 44 nationwide markets based on forecast supply and demand conditions, the report found that a drop in construction has set the stage for a recovery this year.
Panel: The multifamily sector is surviving for now, but a slate of challenges threatens to tip the balance.
February 2, 2010
By Allison Landa, News Editor
Sam Zell’s Equity Residential is acquiring luxury at budget prices. The company is in the process of purchasing several high-end properties in Manhattan – perhaps in the hope of buying low to sell high.
Earlier this year, Equity nabbed Shaya Boymelgreen’s stake in a lot at Tenth Avenue and West [...]
Peter Cooper and Stuyvesant Village residents are wondering what is next after Tishman Speyer and BlackRock returned their keys to creditors.
Morgan Stanley has given a $110M boost to Chicago-based Low Income Tax Credit syndicator National Equity Funds Inc. in order to inject necessary funding into low-income multifamily projects across the nation.
In testimony reminiscent of dogs getting credit-card applications approved back during the mid-2000s credit bubble, a Treasury Department inspector told Congress that kids as young as four years old have been able to receive $8,000 first-time homebuyer tax credits. “Some key controls were missing to prevent an individual from erroneously or fraudulently claiming the credit,” J. Russell George told the House Ways and Means Committee’s oversight panel on Thursday.
The graying of America may arguably be one of the single most dramatic demographic megatrends shaping our landscape. Although the U.S. population growth for individuals age 55 and over during the past nine years hasn’t been impressive—from 21.06 percent to 24.17 percent—growth for individuals age 55-64 increased by 30 percent over the same period. Given that the oldest Boomers turned 63 this year, maybe it’s time investors consider the opportunities this megatrend offers.