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MEMPHIS and ATLANTA—The combined company will have 105,000 apartment units located primarily in the Southeast and Southwest, with a market cap of about $17 billion.
RESTON, VA—CoreSite expects it will invest between $400 million to $500 million to build out an additional 660,000 square feet of new capacity at Sunrise Technology Park.
SEATTLE—Faced with high prices and low inventory, “first-time homebuyers are renting longer than ever before even if they are qualified to buy,” says Svenja Gudell, Zillow's chief economist.
ORLANDO—“Orlando and its submarkets have been an incredibly hot market, with a burgeoning tech-sector, massive improvements to its infrastructure and investments…”
WASHINGTON, DC—Donald Trump and Hillary Clinton's economic adviser Gene Sperling, both spoke at the National Association of Home Builders Board of Directors Midyear Meeting last week.