Gerding Edlen's Portolfio of Apartments Comes as No Surprise to Industry Watchers
Mark Edlen of Gerding Edlen Development has helped his firm amass an impressive portfolio of luxury apartments for sale in some of the country's hottest markets....
Encouraging Signs in Apartment and Office Sectors
Vacancy rates in the apartment and office sectors continue to drop, though "you're not seeing a lot of oomph in the retail sector yet."
LA real estate investor is sweet on Seattle
Los Angeles-based real estate investment firm TruAmerica Multifamily announced Wednesday that it paid $28.7 million for Montclair Heights, a 174-unit apartment project in Renton. The purchase of the 16-acre property is TruAmerica's third acquisition in the Puget Sound region since December. Previously, the company paid $54 million for Arcadia Luxury Townhomes in Federal Way and $27 million for Westhaven Apartments in West Seattle.
Does Blackstone Own Your Home?
For rent sign stands sentry outside an existing home on the market in the Country Club area southeast of downtown Denver. (AP Photo/David Zalubowski)...
UPDATE 1-Airbnb in funding talks valuing it at about $10 bln-WSJ
TPG is likely to lead the funding round, which could total
$400 million-$500 million, the Journal reported, quoting two
sources close to the development. ( r.reuters.com/fup77v )...
NYC's Mayor, Bill de Blasio Aims for Affordable Housing Through Pension Investments
Bill de
Blasio said he will push to allocate more of the cityas $144 billion pension
assets in cheaper housing as part of his progressive reform....