Tag Archives: percent

Manhattan Apartment Rents Approach Peak as Demand Surges – Bloomberg

Manhattan apartment rents surged in the first quarter, coming within about 5 percent of the peak as would-be homeowners struggled to get mortgages and lingered longer in the leasing market. The median rent rose 7.1 percent to $ 3,100 a … Continue reading

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Is the Rental Market the Next Big Thing? – consumer affairs.com

The reason is very simple: an eight percent cap rate. According to a new and much-publicized Federal Reserve white paper, eight percent is the return which could result from renting foreclosed housing units now owned by Fannie Mae and Freddie … Continue reading

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Tryko Partners Acquires Perrywood Gardens in Aberdeen, Md. – PRLog (free press release)

Residents benefit from abundant local restaurants, shopping and services. “Perrywood Garden sits in an excellent market for multifamily, with several neighboring market-rate rental properties that maintain occupancies in the high 90 percent range,” noted … “market rate rental” – Bing … Continue reading

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Denver-area apartment rates rise 10 percent in Q4 2011 – The Business Journal

Average apartment rents in metro Denver jumped more than 10 percent in a year, according to a study recently released by TransUnion TransUnion Latest from The Business Journals Bureau to examine debt collectors Hawaii’s Q4 mortgage delinquency … “apartment rents” … Continue reading

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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

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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

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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

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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

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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

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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

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