Tuesday, June 21, 2016

Investors Resist High Prices on Multifamily Assets via NREIonline.com

Investors are still eager to buy apartment properties, but they just aren’t as eager to pay quite so much for them.

“Deal volume is pulling back as buyers and sellers are simply moving further apart on pricing expectations,” says Jim Costello, senior vice president with New York City-based research firm Real Capital Analytics (RCA).

The volume of deals that closed in May to buy and sell apartment properties shrank, after a strong start to the year.

Read more...Investors Resist High Prices on Multifamily Assets

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