2016 Breaks New Records for Multifamily

By Kelsi Maree Borland & kelsimareeborland
Video
November 14, 2016 at 02:00 PM
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LOS ANGELES—“Investors love multifamily,” says Jerry Fink, co-founder and managing partner of the Bascom Group, in an exclusive video interview with GlobeSt.com. The multifamily market is going to see another record-breaking year in Los Angeles, thanks to cash-on-cash returns and strong demographics, especially millennials. “We think this is going to be another great year for multifamily,” says Fink. This is all continuing to be driven by strong real estate returns, as opposed to other assets.

Bascom is also going to see another record-breaking year, exceeding their 2015 volumes. The firm's core strategy, however, is to focus on individual investment cycles and submarket economic cycles over macro economic cycles. Fink says that they aren't playing any guessing games, but at this point, they are still able to find opportunities that fit the firm's metrics.

To find out more about the firm's strategy and the strong fundamentals driving this tremendous growth in multifamily, press play to hear more from Fink.

 

 

LOS ANGELES—“Investors love multifamily,” says Jerry Fink, co-founder and managing partner of the Bascom Group, in an exclusive video interview with GlobeSt.com. The multifamily market is going to see another record-breaking year in Los Angeles, thanks to cash-on-cash returns and strong demographics, especially millennials. “We think this is going to be another great year for multifamily,” says Fink. This is all continuing to be driven by strong real estate returns, as opposed to other assets.

Bascom is also going to see another record-breaking year, exceeding their 2015 volumes. The firm's core strategy, however, is to focus on individual investment cycles and submarket economic cycles over macro economic cycles. Fink says that they aren't playing any guessing games, but at this point, they are still able to find opportunities that fit the firm's metrics.

To find out more about the firm's strategy and the strong fundamentals driving this tremendous growth in multifamily, press play to hear more from Fink.

 

 

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