Posts

Showing posts matching the search for market opportunities

Global Cleanroom Furniture Market 2017-2021

NEW YORK , Aug. 22, 2017 /PRNewswire/ -- About Cleanroom Furniture A cleanroom is a controlled environment in which the number of dust particles per cubic meter is controlled and regulated. In addition, the temperature, air pressure, humidity, airflow patterns and motion, static charges, and lighting are also controlled. Cleanroom furniture refers to the equipment used within this controlled environment. It includes chairs, stools, benches, tables, workstations, shelves, gowning room furniture , dispensers, and carts. These products are primarily made of stainless steel. Read the full report: http://www.reportlinker.com/p05069620/Global-Cleanroom-Furniture-Market.html Technavio's analysts forecast the global cleanroom furniture market to grow at a CAGR of 4.73% during the period 2017-2021. Covered in this report The report covers the present scenario and the growth prospects of the global cleanroom furniture market for 2017-2021. To calculate the market size, the report consid...

Melbourne auction clearance rate bounces back but 30 per cent of results unreported

Image
House-hunters are increasingly “wedging” Melbourne’s inner suburban real estate market by targeting a small number of quality homes while ignoring comparable properties , real estate agents say. The weekend auction market saw above- market prices paid for some well-located homes but comparable, if slightly inferior properties tended to underperform. The trend to highly divisive auction results for similar properties was demonstrated by two auctions in Fitzroy held an hour apart on Saturday. 80 Gore Street, Fitzroy, passed in at auction on the weekend. At one sale, four buyers fought hard for an unusually wide terrace house at 124 Victoria Street. Quoted by Nelson Alexander at $1.85 million to $2 million, the three- bedroom corner property , which has a renovated rear stables as a separate retreat, instantly attracted a $1.85 million offer from a buyers’ advocate representing a local family. The price rocketed to an on-the-market $2,040,000 and kept going until the house was s...

29th Street Capital Acquires 218-Unit Woodlake Villas Apartments in Hot Las Vegas Market

LAS VEGAS, NV – 29th Street Capital (29SC), a privately- held real estate investment and advisory firm, has acquired Woodlake Villas Apartments , a 218- unit multifamily community in Las Vegas, Nevada. 29SC plans to implement a $1. 9 million capital improvement program to renovate unit interiors , enhance the property’s exterior and curb appeal and improve the amenity package. 29SC will also implement energy-efficient upgrades through the Freddie Mac Green financing program .The Las Vegas market has experienced significant economic improvements in recent years. In 2016 alone, the Las Vegas market ranked third in rent growth (Axiometrics), added 24,800 jobs and had a positive net migration of 40,000. Additionally, the Las Vegas MSA reported millennial population growth of 3.0% in 2016, which ranked the highest in the U.S.  “We are very pleased with the addition of Woodlake Villas to the 29SC portfolio and our expansion into the ever- improving Las Vegas market ,” said...

Income Property Organization Announces Sales Totaling $63M for 1st and 2nd Quarters

FOR IMMEDIATE RELEASE Income Property Organization (IPO) completed record setting sales through the first half of 2017 for apartment communities in the Great Lakes market . IPO amassed a combined total of more than $63 million in transactional volume and is on track to see a 40 percent increase in business over 2016. The firm has grown to nine brokers and their market reach now extends beyond the Detroit Metro area west to Grand Rapids and south into Ohio. This significant activity is supported by a recent report commissioned by the National Multi- Family Housing Council , titled “U.S. Apartment Demand - A Forward Look,” which estimates future U.S. demand for apartments in all states and the top 50 metro areas , including Detroit. The research shows Detroit has nearly 232,000 units in 5-plus unit properties and is expected to see an average annual growth in demand for apartment units of 0.4 percent over the next 13 years. “This means a projected growth of 15,467 new units, whi...

Philadelphia apartment renters most likely to relocate to Allentown, survey says

Philadelphia apartment renters are most likely to relocate to Allentown over other cities in the state, according to a national survey released today by Apartment List . Allentown’s job market and its more affordable housing and quality of life are likely factors, according to the survey. While rent in Philadelphia is more affordable than similar cities across the country, its median rent for a two-bedroom apartment is $1,160, compared to $1,100 in Allentown, according to a separate study by Apartment List , an online apartment rental marketplace . Nationwide, rents have grown by 2.9 percent over the past year. To better understand trends in renter mobility, Apartment List studied data from its annual survey of 24,000 renters to determine where renters are most likely to relocate to outside and within a state. Outside Pennsylvania, Philadelphia apartment renters are most likely to relocate to Washington, D.C., the survey said. “Renters are traditionally more mobile than homeowners,...

Mooyah Burgers, Clothing Store Coming To New West Haven Development

Written by Michael P. Walsh WEST HAVEN, CT — Clasping a pair of oversize scissors, Mayor Edward M. O’Brien cut the ceremonial ribbon Thursday with Acorn Group founder David A. Beckerman and Vice President Gary S. Letendre to mark the grand opening of Acorn’s The Atwood, an $18 million apartment and commercial development at 222 Boston Post Road aimed at making the neighborhood around the Allingtown Green a destination. As many of the new building’s residents, all students of the nearby University of New Haven, moved into their new digs, O’Brien touted The Atwood’s highly anticipated opening as “one example of how we are transforming West Haven through economic development .” “This area is transforming before our eyes,” O’Brien told a group of more than a dozen city officials and project executives moments before the afternoon ribbon -cutting, which also included Jay Brotman , managing partner of the New Haven architectural firm Svigals + Partners, state Rep. Michael A. DiMass...

Mayor Emanuel Announces Pilot Initiative To Generate New Affordable Housing Options In Gentrifying Neighborhoods

Image
Pilot Will Create 1,000 Affordable Units Over Three Years on the Near North and West Sides CHICAGO–(ENEWSPF)–August 25, 2017. Mayor Rahm Emanuel today joined Alderman Walter Burnett and Alderman Joe Moreno to announce a pilot initiative to enhance affordability requirements for large residential development projects in gentrifying areas on the Near North and Near West sides, and along Milwaukee Avenue . Over three years, the initiative is expected to create up to 1,000 affordable units in areas that need them. “Access to affordable housing is critical to Chicago’s legacy as one of the world’s most livable big cities , especially as the real estate market undergoes unprecedented neighborhood development ,” Mayor Emanuel said. “This initiative will create more affordable units in targeted areas while helping the city to assess the most effective ways of meeting neighborhood affordable housing goals .” To be introduced to City Council on Sept. 6, the proposed improvements would be...

AvalonBay Communities (AVB) Q2 2017 Results - Earnings Call Transcript

Image
AvalonBay Communities, Inc. (NYSE:AVB) Q2 2017 Earnings Call August 03, 2017 1:00 pm ET Executives Jason Reilley - AvalonBay Communities, Inc. Timothy J. Naughton - AvalonBay Communities, Inc. Sean J. Breslin - AvalonBay Communities, Inc. Matthew H. Birenbaum - AvalonBay Communities, Inc. Kevin P. O'Shea - AvalonBay Communities, Inc. Analysts Nicholas Joseph - Citigroup Global Markets , Inc. Nick Yulico - UBS Securities LLC Richard Allen Hightower - Evercore ISI Juan Sanabria - Bank of America Merrill Lynch Andrew T. Babin - Robert W. Baird & Co., Inc. Austin Wurschmidt - KeyBanc Capital Markets , Inc. Dennis Patrick McGill - Zelman & Associates Wes Golladay - RBC Capital Markets LLC Alexander Goldfarb - Sandler O'Neill & Partners LP Vincent Chao - Deutsche Bank Conor Wagner - Green Street Advisors , LLC Richard Hill - Morgan Stanley & Co. LLC Robert Stevenson - Janney Montgomery Scott LLC Operator Good morning, ladies and gentlemen, and welcome to AvalonBay...