ATLANTA—Are multifamily investors looking for new product types? Will investors ramp up apartment spending in 2015?

GlobeSt.com asked Josh Goldfarb, co-founder and co-managing partner of Multi Housing Advisors, an Atlanta-based brokerage firm that focuses exclusively on apartment investment sales, to get his take on both questions. You can still read parts one and two: Should You be Concerned About Overbuilding? and Atlanta's Second-Ring Markets Getting Attention.

GlobeSt.com: How do you see the kinds of apartment properties that investors are interested in changing over the next couple of years?

Goldfarb: As we've experienced job and income growth, residents have been willing and able to pay more in rent. This has made the repositioning of assets feasible. If we experience any kind of slow down in job and income growth, we would expect to see investors become less repositioning entrepreneurs and become more interested in stabilized properties.

GlobeSt.com: As for MHA, how active of a year do you anticipate in 2015, and how do you anticipate the firm growing and evolving in the future?

Goldfarb: 2014 was a tremendous year for our firm. We closed 129 multifamily investment sales in the Southeast, more than any other brokerage firm, according to CoStar data. Our transactions totaled $1.09 billion in sales volume and included 21,500 units.

I anticipate a similar sales pace in 2015, largely because of the stability of interest rates as well as continued strong economic conditions. We also anticipate external firm growth with the addition of offices outside of the Southeast.