Adagio at South Coast Closes
Adagio at South Coast trades after being on the market for over 12 months.
For Sale: Jefferson at Woodland Hills
Our team just listed a well-known foreclosed piece of land in Woodland Hills, Calif. The site is fully entitled for 340 condominum units with retail, but there is a spectrum of changes that conform to the existing entitlements.
The Emerging Market
Fueled by speculation surrounding the close of Northwestern Mutual’s recent deals, everyone’s trying to determine where cap rates are at. I say: Wonder no more; you can figure out cap rates using my CAP RATE DETERMINER model.
Why Occupancy & Unemployment Don’t Always Correlate
Guest blogger and researcher, Patrick Simons of Strategic Residential Advisors came across a situation that challenged his mantra that job demand is always the key to apartment occupancy.
Deteriorating Fundamentals: Class B to the Rescue
A few years ago, not many had the appetite for a fully-renovated Class B product; investors were looking for the bells and whistles of Class A, as the ever-increasing rental ceiling was chasing single-family home values. Now that the bubble has popped, and personal savings rates are climbing for the first time in a decade, quality Class B apartment communities are more appealing—a shelter of affordability for the bruised consumer.