A report from the Post and Courier in South Carolina. "Construction cranes dot the Charleston skyline for new apartment buildings while other complexes rise in the suburbs, and supply is now outpacing demand in the region. The glut of new…
A report from the Watertown Daily Times in New York. "With a second defendant recently pleading guilty to conspiracy, it was learned that the Autumn Ridge apartment complex on Route 202 is among dozens of rental properties in New York…
A report from The Stranger. "On March 8, Seattle Times's astute real estate reporter Mike Rosenberg wrote that the waterfront area has become the next 'gold rush.' Big-money investors are moving in and expecting a terrific boom in property values.…
A report from the Wall Street Journal on New York. "Kushner, the company once led by President Donald Trump’s son-in-law Jared Kushner, is dramatically lowering the price of the last remaining apartment at its Puck Penthouses condo project in New…
A weekend topic starting with National Real Estate Inventor. "The average cap rate in the multifamily sector remained flat at 5.4 percent in the fourth quarter, after falling in previous quarters, according to Barbara Byrne Denham, a senior economist at…
A report from Michigan Live. "When Carl Calfin bought Geddes Hill Apartments in 1989, rent for a four-person unit was $895. Today, that unit goes for $2,600. Luxury high-rises have dramatically changed Ann Arbor’s student housing market in recent years,…
A report from the Red Hook Star Revue in New York. "'I think in the rental market the prices have definitely come down – I would say 20% from what the rents were historically in Red Hook, Cobble Hill and…
A report from Commercial Property Executive. "An inverted yield curve and forecasts of a dropoff in job growth are among the signals that the industry’s long, great ride may soon be ending, says economist Hugh Kelly. Lenders have generally been…
Two reports from Curbed Hampton's in New York. "Former talk show host and television personality Dick Cavett has reduced the price of his iconic oceanfront Montauk property. After the recent price cut, the estate is now listed for $33.95 million.…
A Q and A from Willamete Week in Oregon. "How many apartments are under construction and expected to come online in 2019? I see their unoccupied, half-finished bulks everywhere and wonder: Are we about to see a glut and resulting…