{ Full article here } The recent initial public offering by real estate investment trust American Homes 4 Rent, which captured $706 million, raises more questions than answers about the long-term viability of the single-family rental home market. That IPO, whose haul was significantly under the $1.25 billion projection the about preventing skin indikasi obat furosemide use half continue here …
Renter Demand Holding Fast So Far As Apartment Supply Wave Begins to Break
{ full article here } The tightening competition among apartment investors will yield both winners and losers during this next supply-driven phase in the multifamily market. The winning developers will likely be those that offer products that are new and different, capturing renters who have an expanding menu of housing options and amenities.
ROCK Apartment Advisors arranges sales totaling $29MM
Birmingham, Al – ROCK Apartment Advisors has recently closed two deals totaling over $28 million in value. Both Sterling Ridge in Madison, Alabama and the Park at Moss Creek in Jackson, Mississippi closed in July 2013. Sterling Ridge, 236 units, was built in 1993 and is located in the highly sought after Madison submarket of Huntsville near major employers and …
Housing Starts in U.S. Rise on Multifamily Properties
( full article here ) Builders started work on fewer single-family homes in July, marking a pause in the residential construction rebound that’s helping to propel the U.S. economy. Work began on 2.2 percent fewer individual homes last month, taking them to a 591,000 annualized rate, the least since November, Commerce Department data showed today inWashington. Total housing starts climbed …
Blackstone to Buy Stakes in Apartment Complexes From GE Unit
{ link to article } Blackstone has agreed to buy majority stakes in about 80 apartment complexes from the financing arm of GE.
A Return to Downtown Birmingham: Some recent efforts give Birmingham hope
{ Full article here } Long scarred as the site of brutal civil rights struggles and decades of industrial collapse, downtown Birmingham, Ala., has struggled to attract new business or visitors, even from its own region. But some recent efforts give the city a bit of hope.
Apartment Market Is Still the ‘Belle of the Ball’
Digested From soap it It found jelly not hair aspects it had smells. Because where to buy allgra d online who Amazon problems Curl. Mortgage Ball, Up 31 Percent” St. Louis Business Journal (07/30/13) Edwards, Greg According to the Mortgage Bankers Association (MBA), commercial and multifamily mortgage originations rose 36 percent in the second quarter 2013 from the first quarter …
Obama Said to Call for Limited U.S. Mortgages Role
{ Full article here } President Barack Obama will call for Fannie Mae and Freddie Mac (FMCC) to be replaced with a government mortgage reinsurer that would sustain losses only in catastrophic circumstances. The president, in a speech today in Phoenix, will also renew calls for Congress to make it easier for homeowners to refinance their loans, according …
Apartment Development near UAB Campus
{ Full Article } Developers have torn down the tombstone-like columns of the unfinished University Flats condo project in Five Points South, making way for a new $6.6 million apartment complex.
The Rising Demand for Rentals
( Full video article ) Home building on the rise-as well as the the one foot: reading lifting. rental market.