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Stephen Ursery

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After The Boom: A Slump in Seniors Housing
Sep 01, 2002
It's not exactly the bursting of the dot-com bubble, but the seniors housing business is suffering from the excesses of the 1990s. Fueled by an influx of investment from Wall Street, there was rampant overbuilding of...
OWNERS: PURSUING INTERNATIONAL OPPORTUNITIES
Jul 01, 2002
THIS PAST SPRING, ProLogis' (NYSE: PLD) European Properties Fund purchased a 1.8 million sq. ft. portfolio of four distribution centers in France from FM Logistics for an undisclosed price. Such transactions are now...
DEVELOPERS: DEALING WITH THE DOWNTURN
Jul 01, 2002
WHEN NATIONAL REAL ESTATE Investor compiled its annual survey of the largest industrial developers this year, Atlanta-based IDI assumed its familiar spot near the top of the listing, placing in the No. 2 spot. But...
NEED FOR AFFORDABLE HOUSING IS RISING
Jul 01, 2002
A new report by the Millennial Housing Commission confirms what advocates of affordable housing have claimed: More Americans are finding it impossible to find affordable housing. The group, commissioned by Congress...
Leasing In An Instant
Jun 01, 2002
IT IS A SCENE THAT IS OCCURRING with greater frequency in apartment communities across the nation: A prospective resident fills out an application and just minutes later finds out if the apartment is his. A process...
Opportunity Knocks
Jun 01, 2002
AFTER THE WALL STREET-FUNDED overbuilding of assisted living facilities in the mid- and late-1990s, it may be tempting for commercial real estate investors to forget about seniors housing. That would be a mistake...
TIMING IS EVERYTHING
Jun 01, 2002
With its May purchase of a luxury apartment building overlooking the Hudson River, Denver-based Archstone-Smith realized one of its biggest goals: establishing a presence in Manhattan. The multifamily REIT, formed...
Rate Spike?
May 01, 2002
When 10-year Treasuries rise, commercial real-estate lenders take note. Most commercial-property loans are pegged to the 10-year benchmark bond. In early November — when there were few signs of an economic recovery —...
WAITING FOR THE UPSWING
May 01, 2002
While the entire multifamily industry anxiously awaits an economic recovery, the apartment markets of California's Inland Empire, Broward County, Fla., and Tampa, Fla., are best positioned to receive a performance...
MULTIFAMILY NEWS
Apr 01, 2002
National apartment occupancy rate continues to fall: How severe is the problem...
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