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Jeffrey Friedman, CEO of Cleveland-based Associated Estates Realty Corporation (AEC), wants the company to be known as more than an exclusively Midwestern operator. By adding units in Texas, the Southeast and mid-Atlantic, it has shed that image. But AEC’s Tuesday night announcement pushes its...
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Known for beautiful beaches that attract visitors the world over, Florida’s Tampa Bay metro is fast becoming a popular destination for multifamily investors, as well.
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The city of our nation's birth continues to be relevant to apartment developers and owners, with healthy occupancies, unemployment, and rental rates.
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With nearly 15,000 rental units started in 2011 and almost no condo supply, you have to wonder if demand drivers will soon shift in the nation’s capital.
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A hiring boom in Columbus, Ind., is driving a tight apartment market.
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Detroit has known some hard times of late, but with the resurgence of the automotive industry, broad-based job creation, and 10-year-low vacancy rates, the Motor City is gunning for growth this year.
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2012 promises to take multifamily’s drivers on one hell of a ride.
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Meet five multifamily firms that know how to make the most of their very specific markets.
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Long known as the energy capital of the world, resource-rich Houston is fast developing additional assets that make the metro a shining multifamily market.
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Washington, D.C., led the apartment market out of the recession, but with oversupply and government cuts on the horizon, that could soon change.
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In his recent webinar, Mark Humphreys, CEO of Dallas-based Humphreys and Partners Architects, talked about a demand explosion in El Paso, Texas, fueled by a couple of demographic factors unique to that border. In fact, Humphreys himself is working on two deals in the town.
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Las Vegas, Phoenix, and Miami have been lumped together as the poster children for distress, but each metro is climbing back up in its own way.
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Nicknamed the Emerald City for its lush evergreen forests, Seattle has evolved into a jewel of a multifamily market, as well.
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Bozzuto development president Toby Bozzuto checks in with Multifamily Executive to talk about $200 million in new D.C. and Baltimore developments.
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The metro known as Florida's First Coast region is enjoying a turnaround in apartment market fundamentals.
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There may not be another rental market in the country like New York. With high incomes and a high propensity to rent, the city leads the rental pack in the United States. But the rules are different in the Big Apple. That’s why many major national players and REITs, with the exception of Arlington...
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Minneapolis/St. Paul apartment owners relish strong market, low vacancies in 2011.
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For the past couple of years, the Washington, D.C., market has been the star of the apartment business. Low supply and a strong job picture mean that apartment owners in the nation’s capital have enjoyed some staggering rent gains in the past 18 months. But new commentary from REIT conference calls...
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Community spirit is helping Music City build and grow.
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Having successfully transformed itself from a mill town to a stable employment center, Pittsburgh remains a consistently steady market for apartment owners.