Archstone - Smith ASN reported strong third-quarter rental growth on Tuesday. The rental environment in Archstone's core markets, such as Washington, D.C., New York City, and Southern California, still favors landlords; average rents for the firm's apartments increased 7% quarter over quarter. This ...
Plus, news on more LBO frenzy, growing foreign-fund flows, and more.
But interest rate worries also build.
Technology and communications keep getting pounded in 2002.