All across the country, the multifamily investment market is booming.
"It's never been better," said Shawn Lese, managing director, chief investment officer and head of funds management at Americas Nuveen Real Estate, who spoke at the GlobeSt. MULTIFAMILY SPRING event in Hollywood, Florida.
With big returns, the investment market is driven by demand with some of the top 35 markets seeing the highest absorption they've ever seen. And 30 of the top 35 markets also saw the lowest vacancies in the country.
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Melea VanOstrand
Melea VanOstrand oversees the Daily Business Review as ALM's Florida Bureau Chief. Email Melea at [email protected] or follow her on her Twitter or Facebook pages.
