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With full occupancy and an 11-year projected net operating income growth of 40 percent, Uptown Square offers both stability of income and yield, says Avison Young's John Crotty
It sounds crazy, but opting out of your current loan—while property values are reaching record highs and before interest rates rise anymore—could mean a big pay off, we report in this EXCLUSIVE story.
Although new condominium projects are slowing down the search for development sites continues to be very active. Even when developers are not starting new projects, they continue to look for an inventory of buildable sites.
“With unemployment below 4 percent, companies are focusing on making smart decisions about their space – decisions that keep their employees happy and engaged,” says Revathi Greenwood, Americas head of research at Cushman & Wakefield.
With apartment demand rising, a vacancy rate near or below 4% and regional unemployment at its lowest level since late 1990s, many investors are investing in fully renovated core assets in core markets.