News
LOTS OF MULTIFAMILY SALES COMING
October 18, 2012
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| In the past 15 days, JLL's Scott Melnick says his firm's Mid-Atlantic multifamily team has put $600M worth of transactions under agreement. And the buyers aren't just locals familiar with the market, but national and international. Dealmaking usually speeds up as companies focus on shoring things up by year's end, but capital is much more enthusiastic than it was this time last year, he tells us. (Capital must have had a pep rally.) And though fears of a slowdown in government spending have curbed office and industrial leasing, sequestration would mean more apartment renters than homebuyers. Sign up now to hear from Scott and 31 others—plus all that networking you love—in DC on Nov. 19 and 20 at our BisnowMultifamily Annual Conference. |
