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Builder Is Constructing REIT for Home Rentals – WSJ.com

by admin on May 9, 2012

Investors can buy stakes in malls, apartment towers, timber forests and even cellphone towers through real-estate investment trusts. Now, add to the list: single-family homes transformed into rental properties.Beazer Homes USA Inc., one of the nation’s top home builders, has formed a REIT that will buy and then rent single-family homes, one of the largest and most talked-about asset classes in the real-estate business. The Atlanta-based company last week announced that it was joining with buyout firm Kohlberg Kravis Roberts & Co. to form the REIT, which eventually plans to go public.Beazer already had accumulated 192 single-family homes …

via Builder Is Constructing REIT for Home Rentals – WSJ.com.

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Multifamily Momentum Will Continue

by admin on May 8, 2012

The multifamily sector is in good shape for the foreseeable future, according to Calvin Schnure, NAREIT’s vice president of research and industry information, despite some market concerns about a rebound in new construction. He pointed out that there are approximately 3 million households that have “doubled up” since 2008, and many of those residents will be looking for a place of their own as the job market improves.The vacancy rate for apartments fell 60 basis points in the first quarter, to 8.8 percent. Schnure said that’s down more than 2 percentage points from its 2009 peak. Additionally, he said that in the first quarter alone, the number of occupied apartments jumped 8 percent, the strongest growth in demand for rental apartments since 1993.“So we’re seeing that the apartment sector still has quite a bit of momentum,” he explained.

via Multifamily Momentum Will Continue.

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NAR Commercial Lending Survey: Are Lenders Asleep At The Switch? | The Source For NAR Commercial Real Estate

May 7, 2012 Economic Outlook

Economic recovery is here – but is it just for the biggest commercial real estate deals? Are lenders failing — again — to support our industry by extending credit only to heavy hitters and leaving the rest behind? That’s the finding of NAR Commercial’s latest Commercial Lending Survey. Although commercial RE markets show signs of [...]

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Tight Lending Standards Hindering Commercial Real Estate Recovery | realtor.org

May 7, 2012 Economic Outlook

WASHINGTON May 3, 2012 – Although commercial real estate markets showed signs of recovery in 2011, commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties, according to the National Association of Realtors® annual Commercial Real Estate 2012 Lending Survey. via Tight [...]

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REITs: Looking Sweet on the Balance Sheet – On Wall Street

May 1, 2012 Economic Outlook

The apartment market, on the other hand, has seen a lift from current market conditions. “The apartment sector has benefited from the weak housing market,” Grupe says. “Many families have lost their houses through foreclosure, plus with housing prices still weak and falling, it doesn’t give people a lot of confidence that buying a house [...]

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|Equity Trust Company| Farmland Helps Client Grow his Financial Future

April 20, 2012 Prosperity Mindset
cash flow

Interesting story….”Kurt Amundson has taken his real estate IRA rural to plant an investment that is already flourishing into quite a nest egg.Amundson used his knowledge about farmland to buy up land through his retirement account and rent it out to create a constant stream of passive income. The Starbuck, Minnesota, resident had bought and [...]

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Strong U.S. retail sales ease growth worries | Reuters

April 17, 2012 Economic Outlook

Reuters – Americans shrugged off high gasoline prices in March and spent more strongly than expected, suggesting economic growth in the first quarter was probably not as weak as many had feared. via Strong U.S. retail sales ease growth worries | Reuters.

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Made in the USA Again: What Onshoring Means for Commercial Real Estate

April 12, 2012 Commercial

Since mid-2010, Master Lock, a manufacturer of padlocks and other security products, has brought 100 jobs back to Milwaukee that had previously been off-shored. Obama used the factory to discuss his Blueprint for an America Built to Last, which seeks to incentivize further creation of manufacturing jobs within the U.S. while removing deductions for shipping [...]

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National Mortgage News – Commercial and Multifamily Originations Increase in 2011 by 55% – News Briefing Article

April 12, 2012 Commercial

A record-high was reached among Fannie Mae, Freddie Mac and the Federal Housing Administration who were responsible for originating $57.6 billion of last year’s $184.3 billion total, the most among investor groups. Life insurance companies and pension funds saw the second highest volume with $49.3 billion.Multifamily properties accounted for the greatest origination volume in terms [...]

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The Globe and Mail: What high net worth investors are doing right now

April 11, 2012 Market Update

Real estate: the wealthy still believe Real estate has long been a favourite asset class of the wealthy. Indeed, real estate remains one of the primary sources of wealth for many of the world’s wealthiest families. There is no reason to believe this will change in the future. via The Globe and Mail: What high [...]

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