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Volume 5 - Number 6 | March 27, 2007
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TOP STORY: GMH Awarded Two Military Housing Projects
By Sule Aygoren Carranza
GMH Military Housing, a division of GMH Communities Trust, has been selected by the US Army and US Navy to work on two major military housing privatization projects. The assignments boost the firm's project count to 12.
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REIT Growth Slows, but Remains Moderate
By Sule Aygoren Carranza
While growth in multifamily REITs remains healthy, it is moderating, as is share price appreciation. That’s the contention of Bank of America analysts in a recent report on the sector.
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Bozzuto Gearing Up for Significant MF Investments
By Erika Morphy
The Bozzuto Group entered into a JV with the NYS Teachers’ Retirement System, pooling $100 million of equity. It will be leveraged to support $400 million in multifamily projects in Washington, DC, Pennsylvania, Delaware and New Jersey within three years.
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