Tag Archives: Realty
Lexington Realty Trust Announces Acquisition of Build-to-Suit Investment in Huntington, WV – Sacramento Bee
WV for a capitalized cost of approximately $ 12.6 million (9.4% initial cap rate). Another subsidiary of Lexington provided construction financing for the construction of the facility. (Logo: http://photos.prnewswire.com/prnh/20070205 … “cap rate” – Bing News
Inside Realty Income’s Capital Structure – Seekingalpha.com
While this is certainly possible, I believe that the AFFO impact will not be significant, as the remaining leases are on better locations and the rejected locations can be re-leased (albeit after some TI and probable rent reductions). “rent reductions” … Continue reading
Agree Realty hires chief investment officer as Borders’ bankruptcy creates vacancies – Crain’s Detroit Business
But with a combination of new tenants, diversified tenants and rent reductions it is currently 9 percent of revenue. “With the Borders question mark removed via liquidation, we believe that Agree is worth more without Borders’ leases and associated … … Continue reading
Signature Investment Realty Pays $5.9M for Philadelphia Apartment – CoStar Group
Signature Investment Realty Pays $ 5.9M for Philadelphia ApartmentCoStar Group… a Philadelphia, PA-based property investment firm, acquired the four-story Sydenham Commons in Philadelphia from Sydenham Commons LLC for $ 5.85 million, or $ 216667 per unit. Students from Temple University … Continue reading
Waterfront value takes big jump – Queens County Advance
Waterfront value takes big jumpQueens County AdvanceNon-residents of Nova Scotia, homes being purchased and new construction or additions are not included in the CAP rate. Doug White, from Exit Realty Inter Lake in Liverpool, specializes in lakefront property, and says … Continue reading
With rents on rise, landlords get upper hand – Salt Lake Tribune
With rents on rise, landlords get upper handSalt Lake TribuneLast year, vacancies in Salt Lake County declined to 6.2 percent, and rents have increased by nearly1 percent, according to Apartment Realty Advisors (ARA), which tracks the market. Although the increase … Continue reading
Associated Estates Realty: Rents To Rise As Job Market Improves – Wall Street Journal
Associated Estates Realty: Rents To Rise As Job Market ImprovesWall Street JournalThe ratio of debt to undepreciated book value of its apartment buildings was reduced to 45.9% at year-end from 55.9% a year earlier, he said. That provides the company … Continue reading
Associated Estates Realty: Rents To Rise As Job Market Improves – Wall Street Journal
Associated Estates Realty: Rents To Rise As Job Market ImprovesWall Street JournalAssociated Estates has practically full occupancy at its 13662 apartments, Friedman told Dow Jones Newswires. Increased rents will provide most of the earnings improvement expected this year, he said. … Continue reading
2011 Real Estate Trends Exposed in IRR-Viewpoint from Integra Realty Resources – Business Wire (press release)
2011 Real Estate Trends Exposed in IRR-Viewpoint from Integra Realty ResourcesBusiness Wire (press release)The average apartment vacancy rates decreased from 7.63% to 5.05%. At 13.87%, Houston posted the highest apartment vacancy, while New York reported a … and more » read … Continue reading