Continue Reading Add comment October 18th, 2009
While multifamily deals decreased significantly in the past year or two
in the San Francisco Bay Area, it isnt because of lack of buyers it
is because the sellers dont like the market correction. In spite of
the sellers reluctance to put properties on the market, Waterford
Place Apartment Homes in Dublin, Calif., has sold for $80 million.
Continue Reading Add comment October 18th, 2009
The graying of America may arguably be one of the single most dramatic demographic megatrends shaping our landscape. Although the U.S. population growth for individuals age 55 and over during the past nine years hasnt been impressivefrom 21.06 percent to 24.17 percentgrowth for individuals age 55-64 increased by 30 percent over the same period. Given that the oldest Boomers turned 63 this year, maybe its time investors consider the opportunities this megatrend offers.
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