Multifamily Deals Gain Popularity With New Band Of Investors
By Andrew McIntyre (August 13, 2021, 2:42 PM EDT) -- Insurance companies and pension funds are increasingly looking to add multifamily properties to their investment portfolios as more tenants are renting for longer periods of time, although these new players are facing a variety of challenges, including finding available properties.
While multifamily has for some time been an attractive sector for less risk-averse companies — like hedge funds and private equity shops — insurance companies and pension funds until recently had not gone as heavily into the sector. But that's changing, in part due to the pandemic, which has pushed housing prices through the roof across the country.
And with more people...
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