WASHINGTON - Construction spending tumbled in July to the lowest level in a decade, as the housing market struggles in the weak economy and without a popular home-buying tax credit.
In a marketplace where investors are desperately seeking Class A portfolio transactions, Flournoy Development in Columbus, Ga., has 8,330 Class A apartment units (all built since 2001) on the block.
SANTA ANA, Calif., Aug. 30 /PRNewswire/ -- Grubb & Ellis Apartment REIT, Inc. today announced that it has entered into definitive agreements totaling $182 million to acquire nine multifamily properties from affiliates of MR Holdings, LLC and substantially all of the assets of Mission Residential Management, LLC, the Mission Residential property management business.
SEATTLE, Sept. 1 /PRNewswire/ -- Zillow.com(R) and Apartments.com(TM), two of the nation's leading online destinations for real estate and multifamily housing, respectively, today announced a partnership to bring the Apartments.com national database of 90,000 managed apartment rental listings to Zillow(R).