FARMINGTON HILLS, MI-Friedman Integrated Real Estate Solutions reports it has added a total of 28 multi-family properties in Michigan, Ohio, Indiana, Kentucky, and Tennessee so far in 2013.
The additions to the real estate services firm bring its multi-family management portfolio to more than 2,600 units. Company officials state that the national portfolio it secured in the first quarter of this year includes senior, student, section eight, and LIHTC housing.
“The multi-family market is booming due to the nation's economic recovery. As a result of increased employment opportunities, population growth is on the rise making rental communities an ideal fit for most individuals,” states Tracy Brown, director of multi-family management for Friedman Integrated. “All sectors of multi-family housing have seen an increase in demand.” Friedman plans to continue its multi-family portfolio expansion throughout the United States in the coming months.
Friedman manages more than 140 facilities encompassing more than 16 million square feet of commercial and 7,000 multi-family units across the country.
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