Investor interest remains high, with $ 860 million in
multifamily assets trading in Richmond last year.
Not exact matches
While we continued to see a decline in total dollar volume of
trades in the
multifamily asset class in 2017, especially from the peak of the market in 2015, pricing generally remained the same.
The publicly -
traded NexPoint REIT is focused on the acquisition,
asset management, and disposition of
multifamily assets — primarily class A and B
multifamily properties — in the Southeast United States and Texas.
Mobile home park investments tend to
trade at a capitalization rates (net income divided by purchase price) anywhere from 1 - 3 percentage points higher than comparable quality
multifamily assets.
Seniors housing is still
trading at a higher cap rate relative to other traditional
asset classes, such as
multifamily and student housing.
Good assisted living
assets are
trading at cap rates that range between 6.5 percent and 8 percent whereas a
multifamily or student housing opportunity is
trading considerably lower, notes Jandris.