Sunday, July 21, 2013

Scion, Virtus Acquire $118M Student Portfolio




National





Scion, Virtus Acquire $118M Student Portfolio



CHICAGO—The Chicago and Texas-based firms join forces to buy thousands of units at Virginia Tech, Penn State and Georgia Southern.











The Cs Have it



DALLAS-Local apartment research company Axiometrics reports that, at the national level, class C multifamily properties in June continued generating both the strongest annual effective rent and occupancy growth.











How Rising Interest Rates Are Impacting Multifamily



MIAMI— Nat Barganier and John Stone of Colliers International Tampa Bay offer insights into how higher interest rates are impacting multifamily sales and development.











Industrial Tenants in for Cost Hikes



CHICAGO-Demand still outstrips supply, leading to a nearly 2% growth in tenant costs over the next five years, according to new data being released by DTZ.








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