Sep
16

Investor Hunger for Apartments Still Sharp in Second-Half 2010

By
– CoStar

Multifamily property in major metro markets remains the asset of choice for many commercial real estate investors, with momentum fueled by a number of large late-summer sales transactions following a solid first half of 2010.

Public and private REITs have landed the largest deals of late, but private equity, pension funds, insurance companies, owner-developers and even private individuals are all getting into the action for both core and distressed multifamily projects in large metros around the country, according to CoStar Group sales data.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

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