Apartments

An Atlanta Developer has signed on to build a $50 million apartment complex with groundbreaking scheduled for late this summer and completion for late winter 2014.  The complex will consist of [...]

It’s a mix of both moderately good news and some bad news.   Starting with the bad news is that we had a major drop off in construction and development funding from $321 billion last to $240 [...]

According to Randyl Drummer at CoStar News, non residential commercial construction posted a 4.5% gain in November over same month last year.  All segments showed solid gains. Residential [...]

CoStar News reports that starts of multiunit residential construction were up 32.2% from October 2011 to 230,000, which is the highest since September 2008.  True, the number of new apartment [...]

Linked is a useful sortable report looking at not only vacancy and rent growth trends for multiunit residential, but also retail and office. Go to the link in the upper left of the page [...]

As Columbus gets ready to celebrate its bicentennial next year, downtown has blossomed with new projects with both condo lofts and apartments.  Walker with Columbus Underground recapped 12 new [...]

The Great Recession has produced an increase of 1.4 million new renters this year, which is a 4% rise in the last year according to Mark Heschmeyer at CoStar News.  And again, since construction [...]

Nationwide Realty Development received Grandview Heights’ planning commission final approval to begin construction next month of a 154 unit residential complex at the 90 acres Grandview [...]

$15 billion in sales for the second quarter, still a fraction of the peak back in 2007, brought the first half total to $24.5 billion according to CoStar Group data. Average price per unit [...]

Considering that this one originates from the NRA, you’d expect a little positive spin here and you get a bit.  Good news is that single family starts rose 9.4% last month, and the bad news is [...]

CoStar News reports that Investment grade transactions are up 54% in January over a year ago, but dipping slightly from December.  The increase reflects buyers’ appetite for investment grade [...]