While some multi-family developments are currently under construction in San Diego County, the amount of condominium projects that will begin during the remainder of this year will be minimal, as a significant number of previously proposed condo projects have been delayed, offered for sale by the developer or become bank-owned.
“None of the permits that [...]
The national and the local apartment vacancy rates, far apart in recent years, are much closer now.
Reis, Inc. (AMEX: WRP) a New York-based research firm, said the nation’s average apartment vacancy was 5.8 percent as of the end of the second quarter, down from 6 percent during the first three months of 2007 –reportedly the [...]
A once deserted West Side corridor is about to begin its transition into one of New York City’s most exciting residential neighborhoods with the opening of Archstone Clinton, a spectacular high-rise luxury apartment community that stretches from 51st Street to 53rd Street along the westerly blockfronts of Tenth Avenue. With leasing now officially underway and [...]
Archstone-Smith announced that its Board has declared the company’s 126th consecutive quarterly dividend. The company will pay a dividend of $0.4525 per common share, payable on February 28, 2007, to common shareholders of record on February 13, 2007. On an annualized basis, this represents a dividend of $1.81 per common share.
Archstone-Smith , an S&P [...]
The Rainmaker Group, a world leader in revenue management software and services for multi-family housing and other industries, announced that Colonial Properties, Windsor Property Management Company (a General Investment and Development Companies affiliate), Mid-America Apartment Communities and Western National Property Management, with over 124,000 combined units, are conducting pilot installations of Rainmaker’s revolution LRO system. [...]
Archstone-Smith announced this morning that the new Archstone Boston Common residential tower has opened its doors to residents. The 28-story tower is the first luxury high-rise rental tower to be built in the city’s downtown for over two decades. Located near the theatre and financial districts, the property offers residents equal access to Boston’s cultural [...]
