October 12, 2020

The private capital family office buyer, contemplating a 1031 exchange, placed the community under contract on February 12, 2020. It became apparent by late February the COVID-19 pandemic was adversely affecting the property’s occupancy and collections. In view of that, the buyer and seller agreed to extend the escrow, facilitating the seller time to restore More

Multifamily acquisitions are expected to increase after a few softer months during the early part of the COVID-19 pandemic. Watch for Westmount Realty Capital, Trammell Crow Residential, Wood Partners, Universe Holdings and Trez Capital to be active players. Low interest rates make an ideal purchasing environment, and many firms have been pleasantly surprised by the More

We asked these industry executives about their acquisition strategies and their predictions for the coming year. Elie Rieder, Founder/CEO — Castle Lanterra Properties Q: How have your requirements for new acquisitions changed this year? A: Through February 2020, CLP elected to employ the same investment strategy that we did during 2019, which focused on opportunities More