Wallet squeeze: Apartment rents projected to rise again
The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That's four percentage points faster than inflation, and more than double the rise in U.S. home prices over the same period. "The only relief in sight is rents in the hottest markets are going to go up at a slower pace, but they're still going to go up," says Hessam Nadji, chief ...

Washington Trust Provides $3.5 Million in Financing for Apartment Complex in Ellington, CT
WESTERLY, R.I. -- Washington Trust's Commercial Real Estate Group recently provided $3.5 million in financing to Taymil Stonebridge Portfolio, LLC, a subsidiary of Taymil Partners, to refinance and complete ...

Select Income REIT First Quarter Conference Call Scheduled for Tuesday, April 28th
Select Income REIT today announced that it will issue a press release containing its first quarter 2015 financial results before the NYSE opens on Tuesday, April 28, 2015.

Ethiopia: House Passes the First Industrial Park Bill for the Country
[Addis Fortune] The Bill was drafted by EIC with government and private sector stakeholder inputs

Mortgage REITs Offer Attractive Value in Low-Rate Environment
After many anticipated a Federal Reserve interest rate hike this year, investors have left mortgage-backed real estate investment trusts and related exchange traded funds undervalued. Over the past year, ...