The asset class is delivering a bond-like return, according to two institutional owners at the GlobeSt.com Multifamily conference last month.
Institutional Investors Are Bullish on Multifamily
read more
News
Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
Market-Rate Apartment Occupancy at All-Time High
U.S. occupancy for market-rate apartments is at an all-time high of 97.3%, according to RealPage, Inc. data for September.
Apartment Rents Have Another 24 Months of High Growth
Multifamily investors are bullish on long-term rent growth for the next 18 to 24 months, according to experts at the GlobeSt.com Multifamily conference.
Large Coastal Metros Revive Amid Surge in Multifamily Demand
Nine months into 2021, multifamily has already established a new high in annual absorption, surprisingly led by large coastal metros, according to Yardi Matrix data.
One Question with: Diana Keim
Diana Keim is the VP of Annual Philanthropy at City of Hope, a world-renowned cancer and diabetes research and treatment organization in Duarte, CA.
CGI+ sells Cane Island in Florida for $43.5MM
Given Orlando’s strong recovery story, along with NKF’s excellent marketing abilities, we were able to maximize value for our investors, outperforming our original 10-year exit projections by more than 30% in only four years
The Baxter Breaks Ground in Hollywood
This week we broke ground on The Baxter, an 86 unit, 7 story luxury apartment building in Hollywood, CA.
CGI+ Buys Alturas Multifamily Community in Oxnard, California for $50.7M
CGI+ Real Estate Strategies has acquired Alturas, a multifamily property located in Oxnard, for $50.7 million in an off-market transaction. The company plans to rebrand the 170-unit community as Via Oxnard.
CGI+ buys Ventura County apartment complex
Real estate investment firm CGI+ has bought a 170-unit apartment complex in Oxnard, an acquisition it says reflects a pandemic-inspired strategy to broaden its portfolio.
CGI+ acquires multifamily community in Oxnard, California for $50.7 million
CGI+ Real Estate Strategies’ ongoing efforts to broaden its investment platform has led to the firm to make its second suburban purchase in the last 11 months with the acquisition of Alturas, a 170-unit multifamily community located in Oxnard, CA in an off-market transaction for $50.7 million.