Great Investments!

From CoStar: Investor interest in U.S. multifamily properties continued at a healthy clip at the beginning of 2011, as investment sales dollar volume jumped 40% in the first quarter over the same period last year. More deals closed than in any quarter since mid-2005, according to CoStar Group data. Just under 4,000 multifamily sales transactions were recorded in the quarter at a total volume of $9.4... Read More »

Savvy like Trump...but better hair! Having completed over $6 Billion in real estate deals makes Robert Knakal someone to listen to and learn from.  I subscribed: Robert Knakal’s Streetwise. Welcome back old friend! Yes, we have seen a re-emergence of the blessed 1031 tax-deferred exchange in recent weeks, and what a welcome sight it is. The opportunity to protect hard earned equity in the sale... Read More »

Investing in Real estate just makes more sense!

The following article is emblematic of the reasons I feel that real estate should be a key component of any long term net worth building program.  Don’t get me wrong…it’s OK to put part of your money on Mr. Hare…I just think you should put most of it on Mr. Tortoise. -Rick M. Bean From: Pittsburgh Business Times – by Patty Tascarella The Securities and Exchange Commission... Read More »

Another great article from The Wall Street Journal Are You Overlooking A Commercial Real-Estate Boom? If your definition of the category is limited to splashy office parks and shopping malls, both of which took a pounding during the financial crisis and haven’t fully recovered, then you probably are. But think a little smaller—like fast food-restaurants, convenience stores and gas stations—and... Read More »

   Associated Estates is a self administered, self managed Real Estate Investment Trust that owns 13,192 multifamily units in 52 communities in 9 states.  Their CEO, Jefferey Friedman, was interviewed by Keat Foong, the Executive Editor of Multi Housing News.  New Renters Will Outstrip the Supply of Apartments The number of new renters will exceed the supply of apartments by as much as two times,... Read More »