After Riding Apt. Value Wave, Investors Taking Long Look at Cashing Out, Diversification via CoStar Group

The multifamily markets in most metros are well into the late expansion phase of the real estate cycle, while other product types, notably office and retail, are still in the early stages of their expansion in most U.S. markets, according to CoStar's First Quarter 2015 Multifamily Market Review and Forecast.

As apartment rents and occupancy growth begin to taper in the face of new supply, owners of multifamily properties may be considering selling some assets or diversifying their portfolios with other property types that may offer more yield and occupancy stability, according to CoStar director of U.S. research, multifamily Luis Mejia, who presented the quarterly findings along with quantitative analyst Mark Hickey and real estate economist Francis Yuen.

Read more...After Riding Apt. Value Wave, Investors Taking Long Look at Cashing Out, Diversification - CoStar Group