National Real Estate Recovery: A Gradual Reality
By Ralph Bivins ANAHEIM, Calif. — The nation’s residential realty market is improving, but it may be two or three years or so until the...
Category : National
Apartment Briefs
HOUSTON – Greystar, has purchased a 6-acre tract near the Galleria in Houston for future development. Greystar bought the land, located at 3315 Barrington at...
Prediction: CRE to Improve in 2012
ANAHEIM, Calif. — A majority of the commercial real estate sectors are still experiencing rising absorption and little improvement in rents, according to Lawrence Yun,...
Apartment Briefs
ANAHEIM – Rental rates will rise about 3 percent annually over the next three years, predicted Lawrence Yun, chief economist of the National Association of...
Sixteen Self Storage Projects Sell for $357 Million
HOUSTON – HFF has closed the sale of a 16-property self storage portfolio in Connecticut, New York and Pennsylvania. HFF and Louis Perfetto, Esq. of...
Downtown Office Tower Proposed
ATLANTA – A new downtown office tower has been proposed by developers Bob Voyles and David Marvin, according to a report by OKCReview.com. It would...
Apartment Roundup
IRVING, Texas – Oak Villas, a 548-unit property located at 2414 North MacArthur Boulevard in Irving has been sold to Oak Villas Apartments, LLC...
Office Sells for Record Price
NEW YORK — Brookfield Office Properties has sold the Newport Tower office building in Jersey City, NJ to Multi-Employer Property Trust for $377.5 million. It...
National Apartment Round Up
DALLAS – Estancia at Ridgeview Ranch, a 500-unit, Class A multi-housing community in Plano, Texas has been sold. HFF arranged acquisition financing for the project....
Blackrock Projects Solid Commercial RE Returns
HOUSTON — Blackrock Inc. is projecting solid returns on commercial real estate investments in the United States, with annual returns projected at 6 percent to...