It’s no secret that multi-housing has been hot and the preferred investment class over the past three years. Per unit pricing has reached 2007 peak levels at over $500,000 per unit on the waterfront, and cap rates have broken previous records both on the Hudson Waterfront, where it has reached the low 4 percent range, and in the suburbs, where several transit oriented apartment complexes have traded below 5 percent cap rates. So why is pricing hitting these historic numbers? The answer ...

NREIonline.com Freemium Content

"Printer-friendly" is FREE to access as a registered user on NREIonline.com.

Why Register for NREIonline? It's simple and free, and here is what you get:

  • Access to leading real estate industry research.
  • Interactive rankings of commercial real estate professionals.
  • Submit your own articles, (if approved) which will appear around the site.
  • Ability to comment and interact on all site content.

Already registered? here.