Tag: cap rate
Hanes Investment Realty Inc Purchases 89-Unit Residential Property Lynn Villa Apartments in Thousand Oaks...
Hanes Investment Realty Inc has purchased Lynn Villa Apartments, an 89-unit, garden-style multifamily property in Thousand Oaks, for $27.4 million ($307.9k/unit). The asset was...
Two Hollywood Multifamily Properties with Combined 68 Units Trade in Separate Deals Totaling $23M
Two multifamily properties with a combined 68 units in Hollywood traded hands in separate deals totaling $23 mil. The properties -- Mansfield Terrace and...
CBRE Arranges Fee Interest Sale for 66-Unit Putnam Green Apartments in Greenwich Connecticut
Bedford Realty Associates has purchased the 66-unit Putnam Green apartment community from PIC Associates for $20.7 million, according to CBRE Group. It is the...
Cap rates rise in latest reading from IRR
Intergra Realty Resources (IRR) recently released its annual Viewpoint report for 2024. The report discusses the state of the US economy and presents an...
CBRE reports cap rates trending higher in Q3
A new report from CBRE states that cap rates for prime class A multifamily assets moved higher in Q3 as both the 10-year Treasury...
IRR reports multifamily cap rates rising
Intergra Realty Resources (IRR) released its 2023 Mid-Year Viewpoint Summary, an update to its annual Viewpoint report. Unlike the year-end report, the update does...
CBRE reports stable cap rates in Q2
A new report from CBRE states that cap rates used for underwriting prime class A multifamily assets were nearly unchanged in Q2 from their...
Cap rate expansion likely to continue but may peak later in 2023
Capitalization rate expansion is likely to continue in the short-term for most real estate asset types, but could peak later this year and should...
MBA forecasts a slowing economy
The Mortgage Bankers’ Association (MBA) recently released its Q2 2022 quarterly databook. It contains some data that has been previously discussed here and here,...
Freddie looks ahead
The Federal Home Loan Mortgage Corporation’s (Freddie Mac) Multifamily Research Center recently issued a report entitled “Multifamily 2019 Outlook”. The report forecasts continued strength...
