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The numbers are telling.
Part of the attraction was an irreplaceable location.
The firm's goal was to align maturities on the portfolio and to hedge the fund's interest rate risk by swapping to fixed-rate debt at closing.
From hurricane outfall to Chinese buyers to Millennials rising, there are plenty of dynamics to consider in Miami's condo market.
“IoT analysts believe there will 20 billion devices connected to the Internet by 2020.”
Call it the spillover effect.
Areas like Chamblee and Amour Yards, and now Peachtree Corners, have had great success embracing this concept.
“Tenants are looking for buildings that are of the same quality as what they experience intown…”
“This trend is quite prominent intown, where parking ratios are generally lower.”
Roger Bernstein says this is can be the right receipt for hospitality projects.