Study: Millionaires favor real estate

A BenefitsPro.com article provided a revealing investment strategy favored by America’s millionaires. In the article, entitled, “Millionaires’ favorite alt investment: real estate,” a survey noted that millionaire U.S. investors’ favorite alternative investment is real estate. And it was by a…

Cone Heads Uptown

David Cone, the former Yankee and Mets player, recently checked out some full-floor apartments at The Charles, at 1355 First Ave., where sales are handled by Town Residential. Cone — who has five World Series rings and is now a…

More Multifamily Development Would be Nice

The multifamily sector is still hot, and it doesn't seem like that's going to change any time soon. That's the take of Jim McDevitt, president of Berkeley Point, a multifamily capital solutions provider. He recently spoke with GlobeSt.com about different…

Multifamily Quarterly: No Slowdown in Sight for 2013

In spite of a sluggish economy, weak job growth and a slightly improving for-sale home market, the prevailing positive trends that have fueled the multi-housing sector’s impressive growth over the past 18 months will continue well into 2013 and beyond.…

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