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Category Archives: News
Boston Properties Abandons Pursuit Of London Tower – NASDAQ
London tenants usually sign long-term leases that aren’t subject to rent reductions. Still, some analysts said they remain wary of companies entering markets with no on-the-ground training or local partners to guide them through unfamiliar terrain. “rent reductions” – Bing … Continue reading
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Tagged Bing, boston properties, local partners, london tower, long term leases, sign, terrain, Tower, training, unfamiliar terrain
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Manhattan Apartment Rents Soar, Again – Wall Street Journal
Manhattan’s apartment-rental rates, already above prerecession levels, continued climbing in April as landlords held their iron grip on a supply-constrained market. The average Manhattan apartment rented for $ 3,429 last month, climbing 3% from … “apartment rents” – Bing News
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Tagged apartment, apartment rents, April, Bing, iron grip, Journal, landlords, manhattan apartment, Market, wall street journal
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Smoke-Free New York City Apartment Buildings Are Popular; New Yorkers Still Weary Of Nanny-State (POLL) – Huffington Post
A majority of New Yorkers want to live in smoke-free apartment buildings, according to a new Quinnipiac poll, but less believe City Hall should outright ban smoking inside people’s homes. New York City voters, by a %59- %39 margin, want … Continue reading
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Tagged apartment, apartment buildings, city apartment, free apartment, majority, Nanny, Poll, quinnipiac poll, state poll, Weary
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Open house scheduled for Coon Rapids development – ABC Newspapers
But the analysis states that demand exists for rental housing, while market-rate rental housing is feasible in areas with public amenities. The city is entering into a new planning process to analyze the best use of this land, Brown said. … Continue reading
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Tagged ABC, coon rapids, Development, house, Housing, Land, Newspapers, open house, public amenities, use
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Federal Realty: The Elite Dividend REIT – Seekingalpha.com
Federal Realty has a market capitalization of around $ 6.433 billion and the shares are trading at a 20 percent premium ($ 101.00) to NAV estimates of $ 83.88 (using a 5.75 percent cap rate). Federal Realty’s best in class … Continue reading
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Tagged cap rate, class portfolio, federal realty, market capitalization, Seekingalpha
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Reversing Years of Neglect on a Hill Above Nashville – New York Times
Nearby are the Metro, a market-rate rental building that opened in 2009, and Nance Place, subsidized housing for residents with annual salaries under $ 28,000 that opened last summer. A switchback road connects the northern tier to the southern … … Continue reading
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Tagged Building, Hill, Housing, metro, nance, nashville new york, new york times, subsidized housing, switchback road, tier
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Leeds Kirkgate Market traders’ rent cuts ‘unlikely’ EXCLUSIVE – Yorkshire Evening Post
Calls for rent reductions to help Leeds market traders battling against the recession look likely to be rejected by senior councillors. But they are expected to agree up to £100,000 can be spent on measures to increase the number of … Continue reading
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Tagged councillors, leeds kirkgate market, market traders, recession, yorkshire evening post
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TransGlobe Apartment REIT may get higher offer – Financial Post
Ms. Ma said that implies a cap rate of 5.6%. Mr. Drimmer and PSP Investments hold a combined 26% interest in TransGlobe. The REIT’s board has unanimously recommended that unitholders vote in favour of the transaction. “We believe that a … Continue reading
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Tagged apartment, apartment reit, Cap, cap rate, drimmer, favour, Financial, investments, s board, transaction
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Hanley Investment Group Sells New Single-Tenant Walgreens in Victorville, California at 5.69% Cap Rate – Newswiretoday.com
Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of … Continue reading
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Tagged Affiliate, Cap, cap rate, com, investment group, investment groups, Newswiretoday, retail investment, Sells, victorville california
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