Thursday, June 17, 2010

Falling CAP Rates Leads to Increasing Multifamily Acquisitions

The market for acquisitions has been heating up this quarter.  With cap rates declining nationally, the gap between sellers and buyers is narrowing.

Since 2008 it has seemed like only investors who "had" to sell were putting property on the market.  And the widely held belief that values and rents will be increasing two years from now has been keeping owners from listing.

But a shift is suddenly taking place among some long-term holders.  In some cases bidding on high quality apartments has gotten so frenzied that owners are asking.  "Is now really such a bad time to sell?"  Read More > > >