Multifamily Market a Safe Bet Still Despite Mounting Challenges: Forum
Developers, investors and financiers discuss how to invest in and develop multifamily buildings nationwide as interest rates rise.
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Developers, investors and financiers discuss how to invest in and develop multifamily buildings nationwide as interest rates rise.
How is the multifamily investment market doing? Following a keynote from owner and developer Harbor Group International’s Yisroel Berg and law firm Herrick Feinstein’s Jonathan Adelsberg, the initial panel of the daylong forum dived into how the cost of debt was affecting the ability to purchase new apartment buildings. “We’re moving ahead with buying a portfolio in Florida, but we’re being cautious,” said David Hochfelder, the chief investment officer at Naftali Group.
Investors On 'Crazy' Atlanta Apartment Shopping Spree Courtesy of Spaxel The Hills at East Cobb apartments, which were recently acquired by New York-based Spaxel. During the first quarter, investors bought more than $2.1B of Atlanta apartments, an 18% increase from the same period in 2020, according to data collected by Real Capital Analytics, which tracked transactions of $5M or more. The data was provided to Bisnow by JLL. “I think there's a tremendous amount of activity for not just multifamily, but that is probably leading the way,” Ma...
Windsor Stevens Adds the Connected Lifestyle to Westside ATL with The Proctor Share Article Mixed-use development will contain dedicated affordable units and live/work flex spaces "We at Windsor Stevens believe strongly that entrepreneurship is a powerful weapon in closing the wealth gap in Atlanta,” said Rod Mullice, managing partner. ATLANTA (PRWEB) April 12, 2021 Windsor Stevens Holdings is proud to announce its plans for its next mixed-use, transit-oriented development, The Proctor, 703 Lindsay Street, NW, Atlanta, GA, 303...