Some of the cities that have the most units under construction right now—such as Los Angeles, for example,—do not have a big chunk in the planning stages.
Brookfield plans to invest as much as $200 million in a joint venture with Niido, the multifamily development partner of home-sharing website Airbnb Inc.
Dec 18, 2017
For two investors, an innovative value-add strategy proves fruitful in small multifamily communities.
The Midwest apartment market never seems to grab the headlines, but it displays strong operating fundamentals and attracts investors with cap rates that pave the way for nice returns.
Fannie Mae and Freddie Mac held 37 percent ($467 billion) of all mortgages on multifamily properties outstanding as of Sept. 30, 2017, according the Federal Reserve data.
In fact, most of the growth has taken place in suburban submarkets.
It seems like building more housing is worth trying, for anyone worried about the exodus of low-income residents and disadvantaged minorities from the city.
Developers are making room for amenities like dog runs and swimming pools—sometimes on the rooftops of urban high-rise towers.
Puerto Rico-based family office Grupo Ferré Rangel recently formed a wholly-owned subsidiary to invest in multifamily properties in the U.S.
While sentiment has dampened slightly, investors still prefer apartments over other commercial real estate property types.