Tag Archives: Financial

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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Falling house prices mysteriously fuel inflation – Financial Times

That has prompted a recovery in rents. The NAHB’s sentiment index for market-rate rental units has hit its highest level for five years while big apartment owners are reporting rents rising at an annual pace of 2-3 per cent. That … Continue reading

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ESRI warning on ‘financial exclusion’ – RTE Online

It suggests legislation or action from the banking sector to support access to basic or low-cost banking services, while it suggests greater State involvement in negotiating rent reductions for households receiving Rent Supplement. “rent reductions” – Bing News

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Mac-Gray Corporation Announces Fourth-Quarter 2010 Financial Results – PR Newswire (press release)

Mac-Gray Corporation Announces Fourth-Quarter 2010 Financial ResultsPR Newswire (press release)Our results reflect the continuation of a trend that began earlier this year, with nationwide apartment vacancies declining in the fourth quarter to 6.6% at year-end, down from 8.0% at the … Continue reading

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Dubai Can’t Kick Building Habit as Property Glut Expands – Bloomberg

Financial Feed Dubai Can't Kick Building Habit as Property Glut ExpandsBloombergIn March, privately owned Damac Properties started building the 49-story Burjside Boulevard apartment tower across the road from Burj Khalifa, which opened in January. “We are not adding to current … Continue reading

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Cypress Sharpridge Investments, Inc. Announces Fourth Quarter 2010 Financial … – Trading Markets (press release)

Cypress Sharpridge Investments, Inc. Announces Fourth Quarter 2010 Financial …Trading Markets (press release)At December 31, 2010, the Company had entered into three interest rate cap contracts with a notional amount of $0.7 billion, a weighted average cap rate of … … Continue reading

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Is there a capitalization rate limit? What do you think? – BVWire News

Is there a capitalization rate limit? What do you think?BVWire NewsJoshua V. Azran (Azran Financial) said “it depends on is which component that informs the cap rate you are speaking about, the growth rate, or the discount … read more

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Mac-Gray Corporation Announces Third-Quarter 2010 Financial Results – PR Newswire (press release)

Mac-Gray Corporation Announces Third-Quarter 2010 Financial ResultsPR Newswire (press release)It is now quite possible that the worst of the apartment vacancy problem is behind us. "Within our commercial laundry equipment business, revenues rose by … and more » read more

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Cypress Sharpridge Investments, Inc. Announces Third Quarter 2010 Financial … – MarketWatch (press release)

Cypress Sharpridge Investments, Inc. Announces Third Quarter 2010 Financial …MarketWatch (press release)At September 30, 2010, the Company had entered into one interest rate cap contract with a notional amount of $0.2 billion, a cap rate of 2.0725% and an … … Continue reading

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The Shifting Financial Landscape in Self-Storage: Understanding the Market and … – Inside Self-Storage

The Shifting Financial Landscape in Self-Storage: Understanding the Market and …Inside Self-Storage“But if you need a sub-8 cap rate to get to 70 percent LTV, that's not happening very often today,” Hill says. This landmark economic downturn has forced us … Continue reading

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