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Multifamily Buyers Set Record With $53B Spending Spree

by therealdeal.com posted 1month ago 10 views
Apartments are where the heart is for investors, who set a second quarter record with a three-month spending spree. Investors purchased $53 billion of multifamily real estate from April through June, according to Real Capital Analytics data. The buying binge marks a big turnaround from last year, when investors spent less than $20 billion during the same quarter in the early days of the pandemic, according to Bloomberg News. Apartment buildings are seen as a The post Multifamily buyers set record with $53B spending spree appeared first on The Real Deal New York.

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