Tag Archives: percent
AEW Capital may be $300M buyer of Flagler Station – The Business Journal
The sale price for 4.1 million square foot Flagler Station is likely to be more than $ 300 million, or about $ 80 a square foot, at about a 5 percent cap rate, according to real estate industry sources who … Continue reading
Irvine apartment rents up $155 a month – Orange County Register
In Santa Ana, the average big-complex apartment dweller saw rent increase by $ 129 a month, up 10.1 percent. Of the 23 cities in the RealFacts survey, all but two had annual rent hikes. Rent was down $ 31 a … Continue reading
Hanley Investment Group sells new drugstore Lake Elsinore – OC Metro
“At a 6.48 percent cap rate, the sale represents the lowest cap rate for a single-tenant drug store in the Inland Empire in 2011,” said Asher, managing director at Hanley Investment. “It was an attractive single-tenant drugstore investment … “cap … Continue reading
Manhattan Apartment Rents Jump 9.5% as Would-Be Buyers Hold Off Purchases – Bloomberg
Manhattan apartment rents jumped 9.5 percent in the fourth quarter as landlords emboldened by increasing demand cut concessions and pushed price increases in what’s traditionally the slowest leasing season. The median effective rent, or what … “apartment rents” – Bing … Continue reading
Apartment rents in region rose from last year – Times Union
COLONIE — The average rent requested by the Capital Region’s largest apartment complexes last fall was $ 1,175, or $ 0.93 per square foot, up 3.5 percent from a year earlier. That’s according to a newly released report by Sunrise … Continue reading
RioCan REIT Reports Acquisition Of Interest In 38 Income Properties In 2011 – RTT News
Further, while the weighted average capitalization rate, or cap rate, was 6.7 percent this year, it was 7.1 percent for the earlier acquisitions. Of the 38 properties, 24 are located in Canada, RioCan elaborated, and carried an aggregate purchase price … Continue reading
Seattle apartment rents expected to rise in 2012 – The Business Journal
Apartment dwellers in the Seattle area have seen their rents rise 4.5 percent over the past year and rents will rise 6 percent next year, according to a new report. The Seattle P-I.com reports that apartment vacancies actually rose in … Continue reading
Property rezoning would pave way for rental development – SW Iowa News
When discussing the proposed project at an earlier council meeting, Flanagan stated the LHDC duplexes would be a high quality development in which about 15 percent of the units would command market-rate rental fees, mixed in with units that … … Continue reading
Rents rise, vacancies stay low for Denver-area apartments – The Business Journal
Metro Denver apartment rents continued to rise in the third quarter and the vacancy rate remained below 5 percent, signs of one of the healthiest apartment markets the area has seen in a decade, according to a report Thursday. The … Continue reading