HOUSTON—The RADCO Companies says class-B communities with modest rents have a competitive edge in the market, which made the acquisition of two communities compelling.
IRVING, TX—Investor interest is picking up in the metroplex as transaction velocity has jumped 12% at mid-year, with an example being the recent $19.2 million acquisition financing for Ladera Ranch Apartments.
LOS ANGELES—L.A. ranks sixth on the Green Building Adoption Index, with more than 50% of the office buildings in the city holding green certifications and more on the way.
MIAMI—“While the global economy is the great unknown our deals and clients tell us that South Florida will continue to benefit from a number of favorable general factors.”
MILWAUKEE—That's the conclusion of officials from Avison Young, who just completed the sale of several infill properties around this city's major airport.