Multifamily remains frontrunner in REIT sector

Multifamily remains frontrunner in REIT sector

Carol Galante: While FHA Actuarial Report brings good news, 3 challenges still remain Carol Galante: While FHA Actuarial Report brings good news, 3 challenges still remain – The report demonstrates that FHA met and exceeded the 2% capital reserve requirement for the mutual mortgage insurance Fund (MMIF. Encourage lenders to remove overlays on the FHA credit box. This.

investment into the multifamily sector remains an attractive asset class, particularly for risk-averse investors. Since the low interest rate environment is not expected to change significantly for another one or two years we expect higher allocations in the sector from long-term OUTLOOK Multifamily perspectives

Sellers thinks some of the REITs need to go away. "I believe there are still far too many publicly traded real estate companies, and the long-term trend will be toward substantial consolidation in the apartment sector, as well as in other asset types," he says. "Obviously, the major impediment is the so-called ‘social’ element.

According to McKinley, REITs currently comprise 7 percent of the total CalPERS real estate market value of approximately $16.5 billion. Across the entirely of its investment portfolio, CalPERS has approximately $2.4 billion invested in the REIT sector. "There will not be any sell-off of REITs in the near future," McKinley says.

Multifamily REITs a Sector to watch. anderson noted that the different sectors within the REIT market offered a broad range of performance in 2017. The sectors that outperformed or underperformed didn’t surprise many observers, according to Anderson, but the range of performance did. Anderson was asked about the state of the retail REIT sector,

SIGTARP Warns of Second Housing Bubble Senior agent warns of second housing bubble’ Jan 2013 One of Scotland’s top letting agents has called for action to ensure that tenants do not get caught up in a frenzy’ similar to that which so adversely affected the owner-occupier market during the property boom.

US Real Estate Indicators Report Notes 1 Citigroup, REITcap, 5 August, 2019. Important Information Published on 19 August 2019. Information and opinions presented have been obtained or derived from sources believed by Lazard to be reliable.

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A multifamily powerhouse that envisions spending as much as $300 million a year on ground-up development, as well as millions of dollars on renovations, is being created through the merger of three public non-traded REITs. Irvine, Calif.-based real estate investor, developer and manager Steadfast Cos. announced on August 6 that the three REITs-Steadfast Apartment REIT [.]

At the same time, millennials helped keep the residential REIT sector going strong during a volatile 2015. Residential REITs Outperforming. Over the long-term, apartment REITs typically run at about 3 to 3.5 percent annual growth from an operating perspective, says Richard Campo, chairman and CEO of Camden Property Trust. He notes that for the past five years, Camden Property and most other multifamily REITs have experienced 5.5 percent growth or more.

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