Wednesday, March 9, 2011

Bloomberg News: U.S. Apartment Investors Expect Income Growth As Apartment Growth Surges

As U.S. demand for rental housing surges, investors are venturing beyond class A properties, or newer, well-leased buildings in centrally located neighborhoods of big cities like San Francisco and New York.  One example is Vancouver, Washington's Orchard Pointe, the first class B property purchased by Invesco since credit markets seized and commercial property values tumbled.  Read the full story.