The US rental apartment sector is expected to ‘bounce’ along the bottom for another 18 months before rents start to grow and in some cases grow substantially. However some multifamily owners should consider selling now if their assets are not in prime shape and in great locations, Caldera Asset Management tells PERE.
2 min read · 21 January 2013
Real estate investment firms NDC Capital Partners and Post Investment Group have acquired a 365-unit apartment complex in Dallas. Post founder says now is time to ‘straddle’ bottom of residential market.
2 min read · 21 January 2013
Vacancy rates for rental apartments in the US increased 1.2% over the past year to 7.2% – levels not seen since 2004. Rising inventory levels are pushing rents down to levels not seen in the past decade.
2 min read · 21 January 2013
The London-based property investment manager has bought a 204-unit former Archstone housing complex through its $205m value-added multifamily fund, CASA IV. It is the fund's third acquisition of 2008 and ninth in total.
1 min read · 22 January 2013
The Irvine, California-based firm is expanding its human capital following the initial close of its Western National Realty Fund II earlier this year.
1 min read · 22 January 2013
The London-based property investment manager has purchased an apartment block in the Bay Area for its $205m value-added multifamily fund, CASA IV.
1 min read · 22 January 2013
The multifamily residential market in the US has seen considerable investment activity in the past few months and deals in the sector show no signs of slowing down.
2 min read · 22 January 2013
The Philadelphia-based private equity real estate firm has picked up 650 multifamily apartment units in Connecticut. The deal follows on its acquisition earlier this year of 11 multifamily properties in the US.
1 min read · 22 January 2013
The San Francisco-based private equity real estate firm has acquired a for-sale condominium complex in Northern Virginia and renamed the complex ‘Carmel Vienna’.
1 min read · 22 January 2013
Grubb & Ellis Realty Investors, the real estate investment and asset management arm of Grubb & Ellis Company, has picked up a 15-building residential complex in Georgia.
1 min read · 22 January 2013
