If I buy a turnkey 4Cap that has no room for value add, with rates at near 7% how and why are people buying these assets?
What’s the play people?
What am I not seeing?
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What types of Multifamily rates are you guys getting? I know normal residential is getting 5.3% now. What happens to all the 5Caps now? Are we gonna see major Rent Increases across the board to compensate for the lack of NOI?
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Event starts in:
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22 May
Multifamily News
- Woodfield Development Named Among the Country’s Largest Multifamily Developers
- American South Fund Management Makes $13.5M Preferred Equity Investment into South Carolina Workforce Housing Development
- Greystone Monticello Closes $16.7 Million in Bridge Financing for Seniors Housing Acquisition in Illinois
- OKAN GROUP CELEBRATES COMPLETION OF MASSIVE 1,200 TRUCK CONCRETE FOUNDATION POUR FOR OKAN TOWER
- Decron Acquires Class A Multifamily Community in Phoenix for $69 Million
