Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
RICHARDSON, TX—Together with a newly announced relationship with Real Capital Analytics, the Axiometrics deal “furthers our goal to become the definitive source for accurate data intelligence” on market-rate apartments, says RealPage CEO Steve Winn.
LOS ANGELES—Although price movement since the election has been “limited,” CBRE's Spencer Levy says that “pricing pushback from buyers remains strong.”
WASHINGTON, DC—“Weaker conditions are evident across all sectors as the apartment industry adjusts to changing conditions,” says the National Multifamily Housing Council's Mark Obrinsky.
NEW YORK CITY—“We continue to see strong demand from foreign capital looking for opportunities in the US which appear to be especially attractive on a relative basis,” says TH Real Estate's Jack Gay.
NEW YORK CITY—The region is “extraordinarily well positioned over the long term, even with the encroachment of technology,” CBRE's Spencer Levy said during a media briefing Wednesday.
NEW YORK CITY—Rockwood Capital's latest value-added fund will target growing and evolving neighborhoods, especially those driven by a combination of education, wealth and favorable population-based socioeconomic trends.
NEW YORK CITY—Driven by CMBS 1.0 loans that are expected to have difficulty in refinancing, the delinquency rate could reach 5.75% by year's end, says Fitch Ratings.