Los Angeles, CA
Director of Ground Up Construction
read more
News
Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
Apartment Transactions Hit Record High
Apartment transaction volume has recovered from its COVID-19 slump. In the second quarter, apartment transactions hit $52.7 billion—a record high, according to Real Capital Analytics (RCA). That was 40% more than the $37.6 billion it averaged across second quarters from 2015 to 2019.
Rental Prices Rise in Year 2 of the Pandemic
In 2020, as the pandemic gripped the nation, people left major cities searching for more space and affordability. That pushed home price appreciation to mid-2000 levels in many areas of the country.
Now, approaching a year-and-a-half since the pandemic hit, price appreciation is migrating to a new place—the rental market.
Multifamily Soars as Pandemic Impact Wanes
As the country re-opens from the pandemic, and eviction moratoriums begin to wind down, multifamily fundamentals are red hot. Demand and rent growth are at levels not seen in decades, with the strong performance concentrated in institutionally owned properties.
Los Angeles and New York Stage Comebacks
While New York and Los Angeles might have experienced population loss in 2020 at the height of the pandemic, the apartment market is starting to rebound in the two key gateway markets.
Check out these Stunning Boutique Extended-Stay Residences for L.A. Creatives
Next time you find yourself in L.A. for a month long work trip, a creative sabbatical or just simply want a change of scenery, check out The James of Hollywood and Villa Carlotta. These impeccably curated residences are leading the new trend of creatives living remotely.
CGI+ Closes on Largest Multifamily Transaction in Atlanta This Year with $144.75 Million Buy
In what is believed to be the largest multifamily transaction in Atlanta in 2021, CGI+ Real Estate Strategies (CGI+), in partnership with a family office, has acquired a two-property, 712-unit multifamily portfolio in Atlanta, GA from an affiliate of FPA Multifamily...
CGI+ Buys Atlanta Apartment Portfolio for $145M
In partnership with a family office, CGI+ Real Estate Strategies has acquired a two-property apartment portfolio in suburban Atlanta. This deal marks the largest transaction in the metro this year. For the full article, please visit here:...
CGI+ acquires 712-unit apartment portfolio in Atlanta for $144.75 million
In what is believed to be the largest multifamily transaction in Atlanta in 2021, CGI+ Real Estate Strategies (CGI+), in partnership with a family office, has acquired a two-property, 712-unit multifamily portfolio in Atlanta, GA from an affiliate of FPA Multifamily...
A Decade of Success in the Southeast
CGI+ Real Estate Strategies has seen potential in the Southeast for a long time. A decade ago, as money was still moving to the larger coastal cities following The Global Financial Crisis, CGI+ (then known as Cohen & Associates) made two opportunistic Southeastern deals in late 2011.