Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
Summer is here and seen as a time of happiness and joy. The warm weather brings out a sense of positivity and optimism! It is a quite common theme in books that happy times coincide with summertime. For example, many authors introduce a positive character by explaining the wonderful warmth and sunshine outside. Similarly, we will often say someone is ‘radiating happiness,’ using the sense of a summer sun that radiates warmth.
After record rent growth in 2021, what could the multifamily market do for an encore in 2022? Nearly halfway through the year, the market is exceeding expectations once again and CGI+ is in the hottest cities.
Create, connect and attract — that’s what the West Carson Transit Oriented District (TOD) Specific Plan will do. And the prime south Los Angeles County area will be all the better for it, from more engaging and vibrant places and conveniently integrated uses and...
Growing inflation is a big concern for all types of investors right now, as the rising pricing tide not only erodes purchasing power, it also diminishes returns. The good news is that real estate has historically outperformed during periods of high or rising inflation.
Andre Soroudi, Executive Vice President of Acquisitions has been recognized by Connect CRE as being one of the young leaders in the commercial real estate industry who is likely to be influential for years to come.
We are proud to share that CGI+’s COO, Aaron Cohen, was recently named as one of the top 100 people in real estate by The Top 100 Magazine!
CGI+’s Gidi Cohen is making headlines with his interview with The Real Deal.
We are excited to announce that CGI+ has closed on the acquisition of Park Place, a 275-unit multifamily community in the Orlando, FL submarket of Oviedo for $68.95 million. This acquisition caped off a busy year for CGI+ with more than $625 million in transaction activity in 2021.
Apartment communities are seeing a boost in high income-earning resident applicants.
A growing number of wealthier new renters come from the millennial generation, who are driving the burgeoning lifestyle-renting market. At the same time, many would-be buyers are bowing out of the residential real estate market, trends are showing, according to RentCafe.
Investors can’t take their eyes off of the Western and Southeast U.S. apartment markets.
Multifamily investment activity has roared back after “a couple of weak quarters” during the pandemic, said Richard Barkham, global chief economist and head of Americas research at CBRE said at the recent GlobeSt.com Multifamily conference.