Multifamily’s Future in 2012

February 4, 2012

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Thanks to a favorable combination of limited supply and demand edging up, market conditions for the multifamily sector are likely to be favorable in 2012. As well, the tepid market for home buying is likely to continue into 2012, further boosting rentals. Although multifamily market observers expect that the economy will merely plod along in […]

Chinese Buyers Pick Up Property in Australia

February 4, 2012

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Foreign developers made up about 30 per cent of the Australian market last year, and China took up 9 per cent of that – an increase over previous years. The China Daily News reported that more than 1,200 apartmentswere either planned, being marketed or were under construction by Chinese companies in Australia in the fourth […]

Multifamily Still Rules

November 3, 2011

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Multifamily and industrial top Real Estate Research Corp.’s outlook for the major property types for the rest of 2011. The apartment market will continue to present low risk compared to the other property types, given its strong fundamentals and the nation’s demographic needs. However, some properties are considered overpriced. In addition, continued high unemployment levels […]

Will Obama’s latest mortgage refinance plan help you?

October 28, 2011

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President Obama on Monday announced new measures to help borrowers refinance their existing mortgages to new loans with lower interest rates and cheaper monthly payments. The plan is an expansion of an existing program to help borrowers who are not behind on their payments but cannot refinance because they do not enough equity in their […]

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Vietnamese’s Legacy of the Nail Salons Boom

August 13, 2011

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When Hollywood met the boat people in the mid-1970s, an entire industry was born Once upon a time there was a Hollywood princess named Tippi Hedren. She was an actress made famous by a film magician, Alfred Hitchcock, the then-reigning king of horror movies. One day, Hedren decided she wanted to create some magic of […]

Apartment Market Heats Up in Chicago

August 12, 2011

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A dearth of commercial construction in Chicago has been the norm for the past several years, but as the multifamily market stands to post strong gains for the foreseeable future, big name developers are once again lining up to alter the city’s skyline. Magellan Development recently broke ground on the Coast While the housing market […]

Investor Expects 2% Rise in Chicago’s Office Value

August 12, 2011

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(Crain’s) — Local office buildings will see a 2% increase in value over the next year, a survey of investors forecasts. The Chicago area is one of 16 U.S. office markets that will see a gain in values in the next 12 months, according to a second-quarter survey by PricewaterhouseCoopers LLC. The survey, which covers […]