Thursday, October 22, 2020
Texas Multifamily Still Attractive to Global Apartment Investors via Realty News Report
The coronavirus pandemic has taken a chunk out of another American real estate market. But Texas was still able to find some good in the depressing numbers
CBRE’s U.S. Multifamily Inbound Investment Trends report for the first half of 2020 says global spending in the U.S. multifamily sector decreased by 49.2% year-over-year from the first half of 2019. Outside-the-U.S. investors purchased $3.1 billion in multifamily property during the first six months of 2020.
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