Multi-Family Market to Remain Strong in 2013
EAST BRUNSWICK, NJ-The combination of strong rental demand and short supply will be the catalysts for a continued multi-family boom in New Jersey this year. Jeffrey G. Otteau, president of Otteau Valuation Group, in East Brunswick, says that the rental housing market in New Jersey is close to reaching "virtual full occupancy." Multi-family vacancy, which has fallen steadily since its peak of 5.2% in 2010, could reach 2% for the first time since 1970, the start…
STAMFORD, CT—The founder of Land and Buildings, which owns 6.1% of the hotel REIT’s stock, voiced his concerns in a letter made public on Monday.
NEW YORK CITY—Arie Barendrecht, founder of the company behind a certification system for commercial buildings’ Internet connectivity, cites committee members’ “board base of industry knowledge.”
Despite the reports in the press about dysfunction at the White House, and other reports that various major legislation is hung up in Congress, don’t…
CHICAGO—Local experts say many businesses that would benefit from participating in the program never even look into it, largely because they incorrectly assume their projects are not in what the US considers a distressed community.