The fourth quarter typically is a month for apartment rents to fall, or at least cool a bit. Not this year. The multifamily housing industry continues to defy trends, and also continues to march higher, according to recent data from RealPage.
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Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
Apartment Building Permits Spike in October
Both multifamily building permits and starts were up in October, following a trend of upward momentum seen since the end of the Great Recession, RealPage reported.
USC Forecasts Continued SoCal Rent Gains
Despite heightened out-migration, the Southern California apartment market should continue to see strong rent growth over the next year due to the strong economy boosted by increasing spending on consumer goods, according to a newly released report by the USC Lusk Center for Real Estate.
CGI+ Purchases Multifamily Property in Orlando Submarket for $69.95 Million
CGI+ Real Estate Investment Strategies has closed on the acquisition of a 275-unit multifamily community in the Orlando, FL submarket of Oviedo for $68.95 million.
CGI+ Founder Gidi Cohen on Special Situation Real Estate and More
To further Leverage.com’s mission of democratizing knowledge about commercial real estate, we started an interview series with all kinds of CREF pros: everyone from multifamily and medical to cannabis and construction. This time we connected with Gidi Cohen, Founder and CEO of CGI+, a boutique real estate investment and strategy firm that provides personalized high-quality service and performing assets.
VP of Ground Up Construction
Los Angeles, CA
VP of Asset Management
Los Angeles, CA
Southeast Land Acquisitions Associate
Los Angeles, CA
Asset Manager – West
Los Angeles, CA
Institutional Investors Are Bullish on Multifamily
The asset class is delivering a bond-like return, according to two institutional owners at the GlobeSt.com Multifamily conference last month.