Sentences with phrase «multifamily reits»

However, when you look deeper than the top - tier, high market capitalization multifamily REITs, there are still bargains available to take advantage of the favorable multifamily marketplace.

Multifamily REITs were quite active in 1997, making a large number of big portfolio and private company acquisitions.

The company was able to make such a giant leap forward by not only buying two other multifamily REITs, but at least three other large portfolios.

Unfortunately on a stock performance basis, multifamily REITs lagged the market and other REITs in» 97.

In 1992, there were two publicly traded multifamily REITs with a capitalization rate of $ 500 million.

Today, there are 32 multifamily REITs with a cap rate of $ 11 billion.

In fact, multifamily real estate has outperformed the stock market 3 to 1 over the past 15 years (S&P 500 vs. FTSE NAREIT US Real Estate Index Multifamily REITs).

«Our belief is that the status quo will remain for the time being, and that's to the benefit of multifamily REITs,» Costa said.

Leading multifamily REITs are selling off properties — starting with the largest apartment REIT Equity Residential, which announced plans to sell off nearly a quarter of its apartment portfolio on Oct. 26...

But while office and retail REITs have largely stayed on the sidelines when it comes to new projects, multifamily REITs have continued to buy land and entitle new deals instead of paying top dollar for new acquisitions.

Multifamily REITs had 91 properties under construction as of the end of August, according to S&P data — more than any other REIT sector except for industrial.

On the flip side, hotels and multifamily REITs saw a decline during the same period...

One issue that has emerged is how multifamily REITs have been impacted from the competition from condo properties that have been converted to rentals.

For now, multifamily REITs seem content to modify their portfolios and focus on core operations.

Like other multifamily REITs, Post has felt the effects of the soft economy.

More renters meant more profits for multifamily REITs in 2014, which provided tremendous returns to their investors over the last year.

Buying apartment properties in core markets is no longer enough for multifamily REITs.

Yet multifamily REITs were still able to generate same - community NOI growth because of the 4.5 % unemployment rate, he adds.

Multifamily REITs are developing billions of dollars of projects in the face of dual threats that jeopardize several quarters of rent increases in most markets nationwide.

Eleven of the 12 multifamily REITs that provided FFO guidance early in the year raised those estimates after the second quarter.

Thomas Thompson, president of Real Estate Partners, has hired veterans from multifamily REITs to find potential acquisitions in secondary markets, where «we aren't competing head - on with REITs and because we can acquire properties at a reasonable cost,» he says.

The largest three multifamily REITs are buying assets selectively, if they buy at all, mostly in strong secondary markets in prime metropolitan areas, and are selling significantly more than they buy.

According to Fitch, multifamily REITs such as AvalonBay Communities (AVB), BRE Properties (BRE), Camden Property Trust (CPT), Essex Property Trust (ESS), Gables Residential Trust (GBP) and Summit Properties (SMT) that are heavily exposed to telecom markets will continue to experience occupancy loss, flat to negative top - line growth and little - to - no pricing power.

First - order impact of more restrictive dollar - inflow into the U.S. will be seen in home sales and home prices data, although second - order effect would weigh on multifamily REITS as a sizable cohort of «involuntary renters» re-enter into the housing market as potential buyers (albeit without the balance sheet strength of Chinese buyers).

Given the surge in demand for housing driven by Millennials and the historically low availability of homes for sale, investors could consider single - family rental REITs, as well as multifamily REITs.

The firm also lowered its multifamily REIT outlook from stable to negative and retained a negative ratings outlook for the office sector.

A declining home ownership rate, decreasing tenant turnover and constricted supply are helping to push up occupancies and rents sooner than even multifamily REIT officers expected.

On a price - to - FFO basis, multifamily REIT stocks were trading at about 18 times FFO at the end of the second quarter compared with 14 times FFO among all REITs, according to Keven Lindemann, director of SNL's real estate group.

Most recently, it acquired Associated Estates Realty Corp., a multifamily REIT that specialized primarily in suburban assets with repositioning opportunities.

«Since 2011, we have completed the sale of $ 2.4 billion of assets and expect total dispositions to approach nearly $ 3 billion by the end of 2016,» says Richard J. Campo, chairman and CEO of Camden Property Trust, a multifamily REIT that owns and operates approximately 158 communities throughout the country.

«This is clearly a solid time for the whole multifamily REIT sector,» says Calvin Schnure, an economist and s...

It acquired the asset through Behringer Harvard Multifamily REIT I in a joint venture with PGGM Private Real Estate Fund, an investment vehicle for large Dutch pension funds.

Steadfast Income REIT Inc. named Ella Shaw Neyland president for the public, non-traded multifamily REIT.

As a result of the transaction, Apartment Trust of America Inc., a multifamily REIT that invests in and manages apartment communities, has been renamed Landmark Apartment Trust of America.

MAA and Colonial Properties Trusthave entered into a definitive agreement under which MAA and Colonial Properties Trust will merge, creating a publicly traded multifamily REIT with a pro forma equity market capitalization of approximately $ 5.1 billion and a total market capitalization of $ 8.6 billion.

The firm also lowered its multifamily REIT outlook from stable to...

In the latest episode of The REIT Report: NAREIT's Weekly Podcast, Britton Costa of Fitch Ratings discussed how developments in the housing and mortgage markets are affecting the multifamily REIT sector.

Douglas Emmett Inc., a Santa Monica, Calif. - based Class A office and multifamily REIT, is expanding its holdings in its hometown again.

Bryce Blair, the former CEO of multifamily REIT AvalonBay Communities, Inc. (NYSE: AVB), serves as Invitation Homes» executive chairman.

Tuomi had left multifamily REIT Equity Residential (NYSE: EQR) in 2013 to become chief operating officer of Colony American Homes (CAH), a single - family housing venture backed by Thomas J. Barrack Jr.'s private equity firm Colony Capital.

«This is clearly a solid time for the whole multifamily REIT sector,» says Calv...

«No one can dispute that women and people of color are underrepresented in the senior leadership ranks of commercial real estate companies,» says Cory Cancila, senior vice president of human resources with Equity Residential, a multifamily REIT headquartered in Chicago.

The latter two were acquired by Chicago - based Equity Residential Properties, the biggest and most aggressive multifamily REIT in the business.

Not exact matches

She was also a senior member of Makena's Real Estate investment team responsible for investments in office, multifamily, hotels, residential, industrial, real estate credit, and REITs.

A REIT is a company that owns income - producing commercial properties, such as hotels, retail shopping centers and multifamily apartment buildings.

At the time of the spin - off, NXRT, which is currently a wholly owned subsidiary of NHF, will hold all or a majority interest in all of the multifamily properties that NHF holds interests in through its subsidiary Freedom REIT, LLC prior to the spin - off.

The publicly - traded NexPoint REIT is focused on the acquisition, asset management, and disposition of multifamily assets — primarily class A and B multifamily properties — in the Southeast United States and Texas.

The first 2018 Roth IRA contribution was also added to the sell proceeds, and the total available cash was invested in two new higher yielding stocks: Edison International (EIX), an electrical utility company, and Kennedy - Wilson Holdings (KW), a diversified REIT consisting of multifamily rentals and commercial property.

Representation of publicly traded multifamily apartment REIT in complex lease transaction involving relocation of client headquarters to 50,000 square feet of new office space.

In short, the «multifamily and office REITs are slugging it out near the bottom of the market,» Olert explains.