It seems like every few weeks, a new ordinance is enacted somewhere that limits what we can or cannot do in public places. No smoking in restaurants? Cool, I like to actually savor my food anyway. Bars? No problem, your bedroom won't smell like an ashtray the next morning from the pile of clothes on the...
At a time when most real estate companies are turning to the public markets and issuing IPOs to access capital, one smaller, public company has decided to go the private route.
Much of the multifamily sector's relative outperformance and stability-at least, as compared with other property sectors-has been due to the availability of capital through Fannie Mae and Freddie Mac. Yet there have been numerous discussions on the Hill and controversy in real estate circles over the...