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Publicly traded REITs reported leasing activity at or near record levels that delivered high occupancy rates, rent growth and increased funds from operations.
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Blackstone, the largest private equity owner of apartments in the U.S., has acquired more than 230,000 units.
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The prospect of rising rents is drawing private equity firms to rented residential.
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Operators are spending $4B and $5B on room renovations alone.
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Blackstone had sought to foreclose on the debt tied to the Boca Raton apartment building.
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The office REIT, which is under investigation by the SEC, has reportedly attracted bids from the likes of Vornado and SL Green.
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QTS and Compass Datacenters' Digital Gateway plan is in jeopardy after a circuit court judge ruled that Prince William County violated public notice laws.
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Equity Residential's buy is a bet that new apartment supply in Atlanta will continue to dwindle.
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