Here are three reasons why investing in private multifamily real estate could make sense for your clients:
✔️ Due to high mortgage rates and property values, monthly payments for renting were significantly more affordable than monthly mortgage payments, as of 12/31/23.
✔️ Prospective home buyers may opt to stay in the renter pool longer, contributing to higher apartment rents.
✔️ Luxury buildings with top-tier amenities like fitness centers, concierge services, and pools have experienced a notable surge in rent prices, attracting tenants who value comfort and convenience.
If you have any questions or want to learn more about accessing institutional-quality private real estate investments, please don’t hesitate to contact us.