Wednesday, June 8, 2011

Apt Owners to See Outstanding Returns Through 2012

Dallas-based Axiometrics Inc., a provider of data and analysis on the multifamily housing sector, says strong April performance numbers will help the industry deliver “outstanding returns” for owners and operators over the next 20 months, as effective rent growth and occupancy rates remain at near-record highs. Read More > > >

Apartment Real Estate Investment Trust Ups Earnings Forecast

Avalon Bay, an apartment Real Estate Investment Trust, has increased its earnings forecast for 2011.  Read More.

Thursday, June 2, 2011

Tigard Wants MAX

Tigard is moving ahead on steps toward getting its own MAX line. MAX lines often spur the development, including apartments. Read more in the Portland Tribune.

Wednesday, June 1, 2011

City of Beaverton Buys Property For Housing, Development

Beaverton City Council last week authorized the purchase of three parcels – to become one city block – at the southwest corner of First Street and Lombard Avenue. City officials hope the property, which is being earmarked for redevelopment into workforce housing, can help spur private development. Read More.