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ARLINGTON, VA—FFO guidance from AvalonBay, Equity Residential and UDR suggests moderately lower expectations for the coming year, according to analysts' reports on the three multifamily REITs.
NEWPORT BEACH, CA—Homebuilders can construct moderately priced or affordable dwelling units under various county building programs to overcome high housing prices that are often a function of local land prices, Winchester's John Monacci tells GlobeSt.com <b>EXCLUSIVELY</b>.
PORTLAND, OR—The Praedium Group, a New York City-based national real estate firm, continues investment interest in the Portland market due to the strong demand for rental housing and local technology firm growth.
BELCAMP, MD—Exeter Property Group just inked a 120,000-square foot lease with Natural Animal Nutrition, while Chesapeake Real Estate Group managed a 1.6-million-square foot development pipeline.
LONDON—Related Cos.' ownership interest in Pocket Living reportedly marks the first time a US real estate firm has invested in the UK's affordable housing market.
CHICAGO—Even though speculative construction is picking up in some markets, it is only doing so because of a continued lack of leasing options for new, prime-quality warehouse and distribution space, JLL found.
HOUSTON—Songy Highroads developed and owns Hyatt Place Houston Galleria and the Hyatt Regency Houston Galleria, which are part of a 7.6-acre mixed-use development that also contains two office towers along with high-end retail.