Reuters reported last week that two of the largest U.S. apartment owners -- Avalon Bay Communities and Equity Residential -- posted higher funds from operations, meeting Wall Street expectations. "...fueled by higher rents... the sector continues to be one of the brightest spots in commercial real estate." Read more > > >
Monday, May 2, 2011
Two Major Apartment Chain Owners Raise The Rent
Reuters reported last week that two of the largest U.S. apartment owners -- Avalon Bay Communities and Equity Residential -- posted higher funds from operations, meeting Wall Street expectations. "...fueled by higher rents... the sector continues to be one of the brightest spots in commercial real estate." Read more > > >
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