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Posts tagged: Distressed Multifamily Properties

Nontraditional Lenders Gain Multifamily Market Share

Read more about how the multifamily sector is attracting a nontraditional group of lenders.

By Susan Piperato| NREI

Multifamily housing is leading commercial real estate’s recovery with strong rent growth, rising values and high occupancies, which is enticing non-traditional funding sources—especially life insurance companies—to attempt to gain market share.

Multifamily property sales hit extremes in metro area

Interesting read on the sale of multifamily properties.

BY RICHARD MIZE richardmize@opubco.com

Sales of distressed assets made up 88 percent of transactions for pre-1980 properties the first six months of 2011, he said, “really weighing down the average for the earlier-vintage apartments.”