Multifamily Sector Holds Onto Its Allure in 2014 via WSJ

Investors’ love affair with U.S. rental apartment buildings intensified in 2014 with sales volume hitting a record $110.1 billion, according to a new report from commercial real estate brokerage JLL.

That volume figure exceeds last year’s total by 14.9%. It also tops by 10.6% the prior peak year, 2007.

Six markets captured nearly 50% of the investment sales volume last year: New York, Los Angeles, Atlanta, Houston, Dallas and Washington, D.C. closely followed by Seattle, Denver and San Francisco.

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