Tag Archives: wall street journal

Washington-Area Apartment Portfolio Sold – Wall Street Journal

Washington-Area Apartment Portfolio SoldWall Street JournalIn the fourth quarter, the nation's vacancy rate dipped below 7% for the first time in two years, according to Reis Inc. That's fueling a buying spree: In many markets, fierce competition is forcing potential … Continue reading

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Ventas Tests The ‘Bigger = Better’ Hypothesis – Wall Street Journal (blog)

Ventas Tests The 'Bigger = Better' HypothesisWall Street Journal (blog)Running a REIT is normally a spread game: You maximize profit by increasing the spread between your cost of capital and the rate of return, or cap rate, on the capital … Continue reading

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Apartment Owner UDR To Enter Manhattan Market – Wall Street Journal

GlobeSt.com Apartment Owner UDR To Enter Manhattan MarketWall Street JournalNEW YORK (Dow Jones)–Apartment giant UDR Inc. (UDR) is entering the Manhattan rental market with the $260.8 million purchase of a 23-story converted Financial District building that once housed Goldman Sachs … Continue reading

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Apartment Owner UDR To Enter Manhattan Market – Wall Street Journal

Apartment Owner UDR To Enter Manhattan MarketWall Street JournalWith more Americans burned by the housing crisis and opting to rent, monthly rents are climbing nationwide, while vacancy rates are falling. In its purchase of 10 Hanover Square, Denver-based UDR is … Continue reading

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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

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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

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Archstone Looks Likely to Go Public Again – Wall Street Journal

Archstone Looks Likely to Go Public AgainWall Street JournalLehman and Tishman Speyer had hoped to use apartment rents to pay for debt service on the deal, then recoup their investment by selling equity in Archstone and selling off individual apartment … Continue reading

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U.K. Investors Rediscover Rental Properties – Wall Street Journal

U.K. Investors Rediscover Rental PropertiesWall Street JournalWe see an opportunity to set up a sustainable income stream with apartment-style residential units if you can achieve critical mass." Aviva's plan, if it decides to go ahead with making acquisitions for the … Continue reading

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Zell Circles Chicago Office Building – Wall Street Journal

Zell Circles Chicago Office BuildingWall Street JournalBut these investments have been outside the office sector, said a person familiar with the matter. Last year, Equity Residential, the national apartment-building landlord of which Mr. Zell is chairman, purchased three Manhattan apartment … Continue reading

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Yen Keeps Tokyo Rents Highest in World for Expats – Wall Street Journal (blog)

Yen Keeps Tokyo Rents Highest in World for ExpatsWall Street Journal (blog)Tokyo expat apartment rents quoted in yen actually dropped 7% in 2010. But when converted into dollar terms, the prices were 2% higher than 2009. The dollar averaged at … Continue reading

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