Apartment buildings continue to be the commercial real estate investment darlings in 2011, causing the multi-family sales volume to leap nearly 80% in Q-2, over the same period last year. The average per-unit price reached $88,500 -- the highest since the third quarter of 2008, according to CoStar. Strong renter demand generated by former homeowners and a growing number of young households continues to push down vacancy rates and drive up rents. As cap rates ... Read more