Economy: Page 147
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LEED 2012 to Include New Credit for Transit-Oriented Development
USGBC says it is "really after helping project teams select locations" with infrastructure benefits.
By Ron Gallagher • April 19, 2012 -
Oklahoma City to Upgrade Water, Wastewater Networks
The city will spend $653 million on capital projects over the next five years.
By Ron Gallagher • April 18, 2012 -
March Housing Starts 10% Above Last Year, Down From February
Data from the Census Bureau blend single-family and multifamily work and got different spins from different observers.
By Ron Gallagher • April 17, 2012 -
Carlyle Group Prices IPO in Amended Prospectus
The company puts its value at $7.6 billion.
By Ron Gallagher • April 17, 2012 -
Index of Builders' Confidence Slips Three Notches
That puts things where they began 2012 as builders fail to see as many contracts as they were expecting by this time.
By Ron Gallagher • April 16, 2012 -
Fitch Expects 10% Rise in Single-Family Starts This Year
The ratings company notes, however, that doing better than 2011 is not a record-setting win.
By Ron Gallagher • April 16, 2012 -
Home Building Numbers Vary, but Remodeling's Rise Goes On
The BuildFax seasonally adjusted index climbed to 2.89 million projects in February.
By Ron Gallagher • April 16, 2012 -
Deals: Cassidy Turley Closes $36M Sale in Phoenix
News about multifamily housing properties from across the nation.
By Ron Gallagher • April 16, 2012 -
Moody's Mulls European Debt Downgrade, Gives Extended Review
Under review are 114 banks in 16 European countries.
By Ron Gallagher • April 16, 2012 -
Waiting for the New Freddie Mac CEO
The worst thing Congress can do is let the GSEs die a death by a thousand cuts, Willy Walker tells GlobeSt.com's Erika Morphy.
By Ron Gallagher • April 16, 2012 -
W.P. Carey Makes Key Promotions
As a means to diversify the company's acquisitions and CPA series, the sale-leaseback leader has promoted Jason Fox and Gino Sabatini as co-heads of global investments.
By Ron Gallagher • April 15, 2012 -
Consumer Sentiment Takes Slight Dip From Year-High
It's not a big drop, but confidence recedes from last month's post-recession high going to 75.7.
By Ron Gallagher • April 13, 2012 -
LIHTC Program on the Chopping Block
Some see the the Low Income Housing Tax Credit getting lost or cut back severely in congressional budget wrangling.
By Ron Gallagher • April 13, 2012 -
Construction Materials Prices Up 1.4% in March
Nonresidential construction materials were up more, 1.6% from February and 4% from the year before.
By Ron Gallagher • April 12, 2012 -
MHN Interview: Nicholas Dunlap of the Dunlap Property Group
Nicholas Dunlap gives insight into the multifamily industry and his growth in the family business.
By Ron Gallagher • April 12, 2012 -
Manhattan Multifamily Sees Price Increases
The average sale price for an apartment in the first quarter was $1.9 million, up 9% from 2011.
By Ron Gallagher • April 12, 2012 -
Oklahoma City Economy Promotes Multifamily Expansion
At 5.5% unemployment, the area has plenty of people looking for housing.
By Ron Gallagher • April 12, 2012 -
REO-to-Rent Market Could Touch $100B This Year
Investors who are making rentals from foreclosed single-families are seeing the most traffic in Florida and the Midwest.
By Ron Gallagher • April 12, 2012 -
Foreclosures: Things Are Looking Up by Going Down
RealtyTrac found that fourth-quarter 2011 foreclosures hit a 2007 level.
By Ron Gallagher • April 12, 2012 -
Beige Book Notes Multifamily Activity, Variable Residential Growth
The Federal Reserve Bank's latest report on the economy says residential construction is variable from market to market.
By Ron Gallagher • April 12, 2012 -
AIG Plans Return to U.S. Property Investing
AIG until recently had been dismantling what was once a $24 billion real-estate portfolio packed with trophy properties.
By Ron Gallagher • April 10, 2012 -
Nine Signs the Housing Market Is Turning Around
The CEO of JP Morgan tells investors what he sees, low prices and foreclosure overhang notwithstanding.
By Ron Gallagher • April 10, 2012 -
Global Cross-Border Investment Benefits U.S.
When in doubt, equity from sovereign funds, oil-rich regions and investors moving away from riskier markets is still often U.S.-bound.
By Ron Gallagher • April 10, 2012 -
Indian Firm Wants to Book the Plaza
An Indian group made an unsolicited $600 million offer to buy the storied Plaza Hotel in New York.
By Ron Gallagher • April 10, 2012 -
Florida Boasts Six of Top 10 Metro Areas With Greatest Home Price Increase
Miami, Orlando are among the ones on the list.
By Ron Gallagher • April 9, 2012