Economists See Strong U.S. Fundamentals Boding Well For Real Estate

Economists See Strong U.S. Fundamentals Boding Well For Real Estate

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U.S. real estate likely will continue to benefit from strong fundamentals, but the high valuations of properties across all sectors will make it harder this year to see any big gains in prices, according to Nareit’s recent conversations with a group of five leading economists.

Published at Wed, 17 Jan 2018 17:56:33 +0000

HPET Preserving Affordable Housing as Competition Intensifies

HPET Preserving Affordable Housing as Competition Intensifies

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A typical tenant at the Courtyard at Encanto in central Phoenix is a single mother working as a home health care aide. She makes about 51 percent of area median income in a neighborhood that is undergoing rapid gentrification.

Housing Partnership Equity Trust (HPET) purchased the 160-unit Courtyard at Encanto in conjunction with Chicanos por la Causa (CPLC), one of Arizona’s largest community development corporations (CDCs), in 2017. For Anne McCulloch, president and CEO of HPET, serving the needs of such tenants embodies the mission of the social-purpose REIT.

Published at Thu, 18 Jan 2018 14:56:37 +0000