Originally posted on National Real Estate Investor January 15, 2018 MULTIFAMILY Value-Add Opportunities in the Multifamily Sector Getting Harder to Find The challenge is finding properties that have not already been renovated. Bendix Anderson | Jan 09, 2018 Investors are still looking for apartment properties that can be renovated to earn more rental income. But properties [...]
Originally posted on Commercial Property Executive January 15, 2018 Today, eight years into a slow-moving recovery in which commercial real estate has outperformed most every other investment class, the discussion is moving from whether the sector is overdue for a correction to how long the recovery will run and whether the [...]
Originally posted on Phoenix Business Journal January 17, 2018 Enlarge Tim Cook, chief executive officer of Apple Inc., speaks during the 2017 Apple Worldwide Developers Conference in San Jose on June 5, 2017. DAVID PAUL MORRIS | BLOOMBERG Apple is gearing up to build another corporate campus in a yet-to-be-announced American [...]
Originally posted on Multifamily Executive January 9, 2018 Rents grew 2.5% in 2017, which, although solid, represents the smallest annual increase since 2010, when rents fell 0.4%, according to Yardi Matrix. Since then, rents had grown by at least 3.3% every year, peaking at 5.4% in 2015 and declining to 3.4% [...]
Originally posted on Phoenix Business Journal January 10, 2018 Ohio-based Magic Lake 80 LLC has sold 52 acres of land in Pinal County south of Phoenix to Scottsdale-based Lookout Mountain Partners. The land is off Hunt Highway and Heritage Road south of Queen Creek. Lookout Mountain bought the Pinal land for [...]
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