Tag Archives: Apartment

Singapore’s CapitaLand Storms Into U.S. Apartment Market with 16-Property, $853 Million Purchase

The Ashton Apartments in Corona, California is one of 16 properties being acquired by CapitaLand in an $ 853 million deal.Singapore’s CapitaLand Ltd. is entering the U.S. apartment market with a splash, buying an $ 853 million portfolio of rentals in western states amid increased investment from overseas real estate owners and managers to take

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Blockbuster Deal Gives Brookfield Stake in $1.9 Billion Apartment Portfolio

Image of 801 S. Olive St. in downtown Los Angeles. In what is likely to be one of the largest multifamily deals of the year, a unit of Brookfield Asset Management has acquired a 49 percent stake in a nationwide portfolio of apartment buildings owned by Carmel Partners for $ 914 million, which values the

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US Apartment Demand Bounces Back from Slow Down in Early 2017

Renter demand for apartments continued to accelerate in the third quarter of 2017 as the market absorbed more than 70,000 units and the overall national vacancy rate for U.S. apartments continued to trend lower after turning sharply up at the end of last year. “The third quarter (vacancy) numbers are a welcome sign (for owners)

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