CENTURY CITY, CA—“A wealth of private capital is encouraginginvestors across the country to place their money in multifamilyproperties, which provide superior returns over storing theircapital in a bank.” So says Janet Neman, seniormanaging director of Charles Dunn Co.
In addition, Neman tells GlobeSt.com, low interest rates havecreated a “lucrative seller's market.”
When asked how the multifamily market was currently fairing on anational level, Neman says that “a national trend towardurbanization has created extremely tight markets in the cities,especially in areas where density and improved local amenities havedramatically raised asking rents.”
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