December 11, 2007 | Vol. 5 No. 24

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Volume 5 - Number 24 | December 11, 2007

TOP STORY: SVN Grows Institutional Capability, Goes Global
By Sule Aygoren Carranza
Sperry Van Ness has made some huge leaps in its growth strategy. The company has expanded both domestically and internationally and also increased its business focus.

Mission Residential Founders Delve Into Senior Living Sector
By Sule Aygoren Carranza
Fueled by their success in the apartment sector, the owners of Mission Residential are trying their luck in seniors housing facilities nationwide.

Data Points: Sales Volume Plummets as Investor Mix Shifts
By Sule Aygoren Carranza
If it wasn’t for the privatization of Archstone-Smith, which closed in early October, the volume of apartment sales would have taken a nosedive that month.

Manhattan Per-SF Sales Prices Hit Record Levels
By Sule Aygoren Carranza
A study from Massey Knakal Realty Services covering the first half of the year shows the average sale price of Manhattan apartment buildings has surpassed the $500-per-sf mark for the first time ever.

Deal Watch: Lightstone REIT Picks Up Five Assets From Camden
By Sule Aygoren Carranza

US Senator Reed Introduces Legislation to Spur Affordable Housing
By Sule Aygoren Carranza

Short Takes: LaSalle Says Multifamily Will Be Strong in 2008

Executive Moves: NJAA Taps Cantor as Executive Director

Recent Transactions: Mission Bay Neighborhood to Get New Condo Project