Significant activity persisted in the multifamily-investment market in 2014, according to Berkadia's 2014 Sales Summary.
In 2013, a majority of the deals consisted of 1960s to 1980s stock.
During 2014, however, investors targeted newer assets, with approximately 55 percent of transactions comprised of apartment communities built from 1980 to 2000. Consequently, dollar volume rose 9.6 percent year over year to $1 billion.
Read more...Berkadia: San Antonio 2014 Multifamily Sales Summary
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