Jun 4, 2012 10:56 AM, By Bendix Anderson, Contributing Writer
A lot more college students and just a few more beds in college dormitories adds up to a huge shortage of student housing, according to “Surging Student Populations Stress On-Campus Housing,” a new white paper.
“States aren’t keeping up with building housing for the students that they’ve got,” says Jim Arbury, vice president of student housing for the National Student Housing Council, a part of the Washington D.C.-based trade group, the National Multi Housing Council (NMHC). “That presents a huge opportunity for private developers.”
The report counts the number of students enrolled at colleges and universities for the 2009-2010 academic year …[Full Article]
David H. Lenok, June 8th 2012
The panel consisted of Doug Moore, managing director at U.S. Trust Bank of America, David Sullivan, a director at Institutional Real Estate Fund Marketing CBRE and Hugh H. Woodside, managing director at Empire Valuation Consultants LLC.
Moderator Doug Moore began by stressing three key elements that make commercial real estate such an attractive vehicle for wealth transfer in the current tax environment: First, transfers of real estate are extremely easy to discount for gift …[Full Article]
May 21, 2012 8:58 PM, By Elaine Misonzhnik
After several years of concentrating on portfolio consolidation, retailers are coming back to the negotiating table ready to talk new deals, according to leasing brokers, property managers and landlords. What’s more, growth is coming from a variety of sectors, including dining, specialty apparel and department stores, which means that the recovery that up till now has been occurring on a selective basis is starting to become market-wide.
One of the most encouraging signs for the industry is that… [Full Article]
By Mark Heschmeyer
May 23, 2012
Behringer Harvard Multifamily REIT I, a $2.8 billion nontraded REIT, is weighing a number of diverse options, in light of the current hot market for multifamily properties.
The Dallas-area-based REIT has hired an investment bank to explore strategic alternatives including a sale or merger of the REIT. Or, on the other hand, whether it should explore more acquisition opportunities, …[Full Article]
The apartment industry has enjoyed its fifth consecutive quarter of uninterrupted growth, according to the latest results of the National Multi Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions.
The report proves that optimism continues for the multifamily industry. The findings reflect a gradual recovery for the multifamily sector that faced a 50-year low in apartment starts in 2009.
“Market conditions improved across the board, even from the rather strong level of three months ago,” said NMHC Chief Economist Mark Obrinsky. “Demand for apartment residences – and apartment properties – continues to grow. [FULL ARTICLE]