The ranking, which puts multifamily in the second spot for investor preference, marks a significant change in market dynamics.
The challenge is finding properties that have not already been renovated.
The Revel opened in 2012 as the tallest building in the seashore town with Beyoncé as its headliner.
Fannie Mae and Freddie Mac have both announced programs that provide long-term financing at competitive interest rates to help investors refinance and acquire SFR properties.
The percentage of NREI readers who believe the cycle is at its peak has changed significantly since a November sentiment survey.
HNW investors are especially attracted to single-tenant net lease deals in the retail sector.
Whether shareholders make a killing or get wiped out might hinge on a yet-to-be written provision of a draft Senate bill.