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MIAMI—"Management teams are having to be creative with respect to maintaining the highest levels of customer service while looking at ways to lower expenses," she tells GlobeSt.com.
WASHINGTON, DC—The sale is a new twist to a deal announced earlier this year in which UDR acquired six multifamily properties as part of Lone Star's acquisition of Home Properties.
IRVINE, CA—Two groups of buyers in particular are spooked by the recent volatility in the stock market and so are retreating back to the relative safety of US real estate, RealtyTrac's Daren Blomquist tells GlobeSt.com <b>EXCLUSIVELY</b>.
ORLANDO—“This was a challenging transaction, given that the property is in a tertiary market and is comprised of 10 unique buildings with varying amenities and specifications.
SANTA BARBARA, CA—Although strong growth in the multifamily sector is unsurprising, “what is improbable about this year is the consistency of the increases,” according to Yardi.
NEW YORK CITY—“The S&P/Case-Shiller National Home Price Index has risen at a 4% or higher annual rate since September 2012, well ahead of inflation,” says S&P Down Jones' David Blitzer.