Half of the list was located in California, and seven of the 10 markets were located on the West Coast (all of which is consistent with NREI's previous article on
top multifamily markets).
Not exact matches
For example, in the
multifamily sector,
top REITs like Camden Property Trust continue to sell large portfolios of properties and trophy assets in primary
markets.
According to Fitch,
multifamily REITs such as AvalonBay Communities (AVB), BRE Properties (BRE), Camden Property Trust (CPT), Essex Property Trust (ESS), Gables Residential Trust (GBP) and Summit Properties (SMT) that are heavily exposed to telecom
markets will continue to experience occupancy loss, flat to negative
top - line growth and little - to - no pricing power.
By and large, HNW investors and family offices have a better grasp of local
markets — most notably non-gateway
markets — while foreign investors tend to favor U.S. assets that are in their comfort zone, namely
multifamily properties and hotels in
top - tier cities, according to Mulcahy.
Multifamily assets, which benefited from a busted housing
market, have been at the
top of their acquisition list.
Since its start - up five years ago, Houston - based J. Turner Research has evolved into one of the nation's
top marketing research firms catering to
multifamily owners and operators.
In the Los Angeles metro
market, which
tops the nation with $ 5 billion in current
multifamily / mixed - use construction, many of the leading builders are at full capacity, and some have even had to turn away contracts due to the personnel shortage.
NorthMarq Capital's extensive experience placing loans with Freddie Mac consistently places us among the
top three mortgage sellers for one of the two largest investors in the
multifamily market.
Miami earns
top investment rating in
Market Momentum survey Miami / South Florida ranks # 1 among the
top markets for increasing
multifamily investment appeal, according to respondents of the latest
Market Momentum research produced by the National Apartment Association -LSB-...]
Miami / South Florida ranks # 1 among the
top markets for increasing
multifamily investment appeal, according to respondents of the latest
Market Momentum research produced by the National Apartment Association and RealPage.
Several apartment transactions ran through the Greater Memphis Area
multifamily market recently, though none have
topped the $ 43.6 million sale price ringed in by the 500 - unit Riverset recently
Considering the nation's 50 largest
multifamily markets, this
top 10 -LSB-...]
These traits help define much of the city's success and the reason why institutional investors consider it one of the
top three
multifamily markets in the country.
Six metros were introduced to the
top 10
markets for
multifamily permits.
Top - line growth is competitive with
multifamily and quite frankly, when you look at our fundamentals, it's a very attractive time for investors and that's why you see us come to the public
market,» said John Bartling, president and CEO of Invitation Homes, in an interview on CNBC's «Squawk on the Street.»
However, when you look deeper than the
top - tier, high
market capitalization
multifamily REITs, there are still bargains available to take advantage of the favorable
multifamily marketplace.