November 13, 2007 | Vol. 5 No. 22

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Volume 5 - Number 22 | November 13, 2007

TOP STORY: US Investment Climbing in Mexico
By Connie Gore
Despite the border fence outcry, the barriers between Mexico and the US are coming down as private equity funds, institutions and REITs join mom-and-pop buyers.

Laramar Group Targets Condo Reversions
By Melissa Kress
Bay Park at Clearview Apartments was once a condo conversion project, but that was before the market took a turn for the worse.

Insight: Distressed Condo Strategies are Changing With the Market
By Norman Radow
The business of rehabilitating distressed condominium assets changed dramatically this past year in tandem with the residential market itself.

Deal Watch: GMH Assumes Operations at 11 Naval Bases
By Marita Thomas
GMH Communities Trust has acquired an ownership interest in the US Navy’s Southeast Region military housing privatization project, which encompasses 11 naval bases in five states.

Work Starts on 3,000-Residence MXD
By Eric Peterson

Data Points: Apartments Perform Well in Top Markets
By Ian Ritter

Short Takes: Complexes Totaling 514 Units Trade for $130M

Executive Moves: Parrell Named CFO of Equity Residential

Recent Transactions: NTS, Creeks Edge Refi Acquisitions for $22M