Thursday, February 09, 2012

Morning Real Estate Review


Editor's Building sale in downtown closes, hotel on the way (Costar) Kiplingers offices at 1729 H St. settles for $16.55m, OTO Development hopes to convert the building into a Hampton Inn by the end of this year.

Apartment owners see trends getting better and better (Costar) With financing, occupancy, and sales all getting increasingly better, a general aversion to home ownership is making life good for developers and owners.

Investment in housing likely to grow at twice the rate of GDP this year (Housing Wire) With the continuing strong returns on rental housing, the market is likely to deliver strong numbers in residential property.

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