Sentences with phrase «pay high prices for apartment»
Investors also continue to pay high prices for apartment properties, thanks to low interest rates.
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This is usually because they are already paying a high price for the rent on their California home or apartment.
The price is reportedly the highest ever paid for an apartment building of more than 50 units in that city.
That's a 66 percent premium — a higher premium for new properties compared to 2005 or 2006, though it's smaller than the premium than investors paid for new apartment properties in any other year since 2010, when buyers regularly paid 70 percent or more over the average price of older properties to buy new apartments.
Generally speaking, you pay a high price for a cheerful outlook, and the big apartment REITs are no exception.