Thursday, February 28, 2013

View From the Top: Multifamily Forecast is Sunny




National





View From the Top: Multifamily Forecast is Sunny



MIAMI—The industry leaders who shared their insight during RealShare Apartments East 2013 agreed that the multifamily market’s tailwinds will help it push through any challenges that lay ahead.








AvalonBay, EQR Complete Archstone Buy




National





AvalonBay, EQR Complete Archstone Buy



NEW YORK CITY-More than 40,000 apartment units, mainly in coastal markets, are changing hands as the acquisition is finalized.








Avalon Bay, EQR complete Archstone Buy




National





Avalon Bay, EQR complete Archstone Buy



ARLINGTON, VA—Transaction involves $669 billion in cash and 60 multifamily complexes with more than 20,000 units.








Money Matters Are Top Of Mind for Multifamily Pros




National





Money Matters Are Top Of Mind for Multifamily Pros



MIAMI—Capital—the availability of it, the amount of it and where it’s being placed in the market—was a recurring topic of conversation at the RealShare Apartments East 2013 conference











J.P. Morgan Announces Big Personnel Cuts



NEW YORK CITY-Good news for the economy spells bad news for those in mortgage banking.








Wednesday, February 27, 2013

Roth: Fascitelli's Decision Was His Own




National





Roth: Fascitelli's Decision Was His Own



NEW YORK CITY-In a regularly scheduled conference call, the soon-to-be-former CEO at Vornado counted himself “quite pleased” with 2012’s full-year results “despite a difficult leasing environment.”











More Multifamily Development Would be Nice



Berkeley Point's Jim McDevitt says that many markets can not only support multifamily development, but contests that it would be hard to keep up with demand.











What's Driving Those Home Prices? A Few Theories



WASHINGTON, DC-Funds that are buying up single-family homes for rentals may be partly behind the price rises, says Christopher Tower, assurance partner in the Real Estate practice of BDO USA.








Despite Challenges, Developers Get Their Groove Back




National





Despite Challenges, Developers
Get Their Groove Back



MIAMI—The multifamily market’s upward trajectory has given developers the confidence to start building again. But with this comes an entirely new set of concerns, as well as trends in construction.








Fascitelli Steps Down as Vornado CEO




National





Fascitelli Steps Down as Vornado CEO



NEW YORK CITY-The resignation means a return to the CEO’s chair for chairman Steven Roth; he held the position for 20 years.











Dignity. Self-Respect. Humor: Keys to CRE Success



NEW YORK CITY-Eastern Consolidated’s senior director, Adelaide Polsinelli, presents her insight into sparkling neighborhoods here, and how one can be successful as a woman in the commercial real estate industry.











Home Sweet Home: Housing Market Soars



NEW YORK CITY-Data from three separate entities show a bounceback in housing growth.











Stockholders Okay Merger of ARC Properties, ARCT III



NEW YORK CITY-The union will "change dramatically our size, our scale and, most importantly, our growth potential,” ARCP CEO Nicholas Scorsch said when the plan was announced in December.