January 9, 2007 | Vol. 5 No. 1

Home

Your Account

Archives

Advisory Board

Search Archives

Current issue -
Subscribers only

Member Log In:

E-mail Address

Password

Remember me on this computer

Volume 5 - Number 1 | January 9, 2007

TOP STORY: Laramar on Track to Buy $1.4B in Value-Add Assets
By Sule Aygoren Carranza
With the closing of a $350-million fund and acquisition of four communities, Chicago based Laramar Group is on track to gain more than $1-billion worth of assets. The firm recently completed fundraising for the Laramar Multi-Family Value Fund.

HSM Commercial Purchases Residential Group
By Connie Gore
Henry S. Miller Commercial has acquired the 85-employee WaterStone Residential, seating its founder as executive vice president and general manager of the merged multifamily operation in Dallas.

Data Points: Investment Market and Pricing Remain Strong
By Sule Aygoren Carranza
At $9 billion, November came in as the third highest month on record for multifamily sales volume. However, Real Capital Analytics Inc. reports MetLife Inc.’s sale of the Stuyvesant Town/Peter Cooper Village sale in NYC accounted for 60% of the total.

Rents to Grow in Light of Steady Market Conditions
By Sule Aygoren Carranza
While performance will cool compared to last year, owners of apartment properties will continue to see steady gains in rents, according to a pair of forecasts released recently by Washington, DC based National Association of Realtors and Grubb & Ellis Co. of Northbrook, IL.

Demand for Seniors Housing Loans Topped ’05 Levels Last Year
By Sule Aygoren Carranza

Short Takes: National Developer Launches New Initiative

Executive Moves: MacFarlane Taps Former Forest City Exec

Recent Transactions: Home Properties Funnels $144M into VA Complex