April 25, 2012
...The bidding came as multi-family housing has emerged as a desirable asset type for institutional investors....
If multifamily housing is a trend, the Downtown market is especially favorable right now for landlords. This month, the USC Lusk Center for Real Estate reported in its 2012 Multifamily Market Forecast that Downtown apartment buildings are 96.8% occupied...
For the full article, see the link below: