Juniper Investment Buys 498 Units from Foreclosure
ABILENE, TX-The Houston investor pays a total of $11 million to acquire Fairmont and Pine Meadows Apartments, with plans for upgrades.
TORONTO and DALLAS—Starwood Capital’s revised offer of US$16.25 for Milestone Apartment REIT trust units follows pushback from institutional unitholders.
IRVINE, CA—Average wage increases outpaced single-family rent hikes in 67% of the markets studied by ATTOM Data Solutions, a metric that the firm’s Daren Blomquist calls “a recipe for sustainable growth.”
WALNUT CREEK, CA—In this EXCLUSIVE commentary, one finance expert takes a closer look at the bread and butter of the CRE industry, which he says are the small and local real estate investment and development firms.
DALLAS—Multifamily rents are still rising and stable, cap-rate spreads are healthy, the markets continue to grow, and even with the recent rise in interest rates, strong demand remains for this asset type, GlobeSt.com learns in this EXCLUSIVE.