GlobeSt.com: In terms of an overview, what do you makeof the statistics?
Bibby: In terms of the growing concentration ofmanagement of apartment communities, the business model ofthird-party management increasingly is going to require economiesof scale. On the ownership side, we saw an incredible appetite forapartment communities in 2005 and 2006, which presented an almostunprecedented opportunity for attractive sales.
GlobeSt.com: What are the drivers?
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
