Many investors are buzzing about about Portland's multi-family market and many currently see it as the hottest U.S. market. Within the last six months there have been 14 trades in Portland. Of the l4 trades, five have been over $30 million and two have been for more than $70 million. According to market-research, vacancy rates are below 4% and are expected to fall to 3.4% by the end of the year while effective rents are expected to grow 5.6% this year.
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Showing posts with label cap rate. Show all posts
Showing posts with label cap rate. Show all posts
Thursday, June 2, 2011
Portland's Multi-Family Market Turning Heads
Labels:
acquire,
acquiring,
assets,
cap rate,
multi family,
multi-family,
multifamily
Monday, May 2, 2011
How Long Can the Cap Cate Compression Last?
A really good question, notables in the industry say not for too much longer... read full article
Labels:
cap rate,
compression,
finance,
Market Trends,
multi family,
multi-family
SF Bay Area Multi-family Market
Nationwide apartment market continues on a steady recovery. Effective rents increased or remained unchanged from last quarter in 29 out of 30 markets, as is occupancy. Decreasing cap rates followed the reduction in interest rates and increased buyer activity, while new construction was virtually nonexistent. San Francisco Bay Area Multi-family parallels the nationwide market....Read more
Labels:
apartment,
Bay Area,
cap rate,
Market Trends,
markets,
multi-family,
multifamily,
nationwide
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