Investment in multifamily communities has been robust for several years and this trend continued during Q2 2015, with $30 billion flowing into the sector. The quarter's total reflects a 35% gain over Q2 2014, although a slight decline from Q1 2015 (-3%). Multifamily acquisitions represented 27% of the total $110 billion invested in U.S. commercial real estate in Q2 2015. The Los Angeles-Southern California area attracted the most multifamily investment in H1 2015 at $5.3 billion ahead of Dallas/Ft. Worth ($3.0 billion), Washington D.C. ($3.0 billion), Atlanta ($2.8 billion), and Houston ($2.5 billion). "Investment in U.S. multifamily product continues its extraordinary run, reflecting solid confidence in future market and asset performance. Drawn in by solid fundamentals, investor interest in the sector remains high, per sales activity and underwriting trends.
from Tatiana Derovanessian Real Estate http://ift.tt/1K9JbdX
No comments:
Post a Comment