Since the pandemic, we’ve covered the following multifamily REITs so far:

That’s because, here at iREIT on Alpha, we see multifamily REITs as a “mission critical” subsector with long-term favorable demographics.

You see, since 2010, 21% fewer total housing units have been produced than total household formations over the same period. And affordability remains a significant barrier to single-family ownership across many U.S. markets.

As such, third-party forecasts indicate that 4.6 million additional apartments will be needed by 2030.

(Source: UDR Presentation)

Right now, the primary renter cohort – aged 20-34 – is sizable, providing a solid current client base for multifamily REITs. Better yet, the younger age cohorts are even larger in size. So there’s strong support for long-term growth.

As you can see, this is increasingly dependent on foreign-born influences. But as for right now, I speak as a father of five, three of whom are 18 or

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Grand Theft Auto V has released its list of weekly bonuses and discounts for GTA Online, and the highlights this week are double payouts on Business Battles and the potential to nab some gems from the Diamond Casino heist. Here’s what you should check out this week if you want to take advantage of these bonuses.

The Business Battles, which have recently been revamped, will pay out higher for the next week with double GTA$ and RP. If you haven’t tried these out since the Summer Special Update, now’s a good time to get stuck in. The competitive Land Grab mode has the same doubled rewards, so it’s also worth seeking out this week. This is also true of Gunrunning Sell Missions.

The Diamond vault has been stocked with gems, too, so this week is a good time to complete the Casino Heist–if you pull it off, you’ll walk away

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The government has clarified that the two per cent equalisation levy will not be applicable on rough diamond sourced through the e-auction.

Finance Minister Nirmala Sitharaman in a meeting held on Wednesday assured the Gems and Jewellery Export Promotion Council of India. a clarification in this regard will be issued soon.

Starting April 1, equalisation levy of two per cent was levied from April 1 on online sale of goods owned by e-commerce operator and online provision of services provided by the e-commerce.

After representation by GJEPC, the government has indicated that clarification will soon be issued to ensure that the diamond sector is not burdened with the EL, even where the rough diamonds are procured through auctions over a digital platform.

Colin Shah, Chairman, the Gem and Jewellery Export Promotion Council, said while the EL is structured as a levy on the foreign entity, the global miners and traders

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MOSCOW (Reuters) – Russian state-controlled diamond producer Alrosa said on Friday that its second-quarter net profit fell by 98% year on year to 300 million roubles ($4 million) as the novel coronavirus outbreak hit demand for precious stones.

The global diamond supply chain has been convulsed by the pandemic, prompting Alrosa and its peers to carry on with critically low sales for months. Alrosa’s second-quarter sales in carats shrunk by 92%.

The world’s largest producer of rough diamonds said its free cash flow turned negative in the second-quarter, leaving its shareholders without a dividend payment for the first half of 2020.

It created a $1.7 billion liquidity cushion by the end of June, providing it with a basis for operations and meeting debt liabilities, Alrosa said in a statement.

Alrosa’s July diamond sales dropped 79%, it said earlier this week, but the state help may be on its way as

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DEDHAM, Mass., Aug. 13, 2020 /PRNewswire/ — A jewelry store that has long catered to brides and families in the Dedham area is closing its doors with a massive inventory sale to transition to a business model of personal consultation and online sales.

The Diamond Guild is responding to pressures from the COVID-19 pandemic and a shift in buyer trends. The store is owned by Louis Karten, whose family has been designing and manufacturing fine jewelry since 1945.

“This was a difficult decision because we appreciate the interactions with customers in the store and being a part of their lives,” Karten said. “But we felt we have an opportunity to provide them with better service in a different setting. We found through the restrictions of COVID-19 that people appreciate an ultra-personal approach and want to buy in an environment where they can be attended to as individuals.”


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