North Texas continues to be the No. 1 market in the United States for multifamily development. From an investment standpoint, value-add deals are still the most sought after, as buyers are finding that thoughtful upgrades can lead to long-term results in profit and demand. In some cases, value-add opportunities are selling at cap rates below core assets, with many international equity sources playing an important role. Some of the most common international groups acquiring multifamily assets in Dallas-Fort Worth are from Hong Kong, the Middle East, and Canada.
Read more...Brian O’Boyle: Dallas Multifamily Continues to Impress | D Real Estate Daily
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