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Lee & Associates' up-and-coming brokers talk about the firm's mentorship program, how they are using technology and why the firm's culture is attracting young brokers.
Self storage has proven to be a defensive asset class in that there is still a good deal of demand for quality self-storage product and capital is available to well-located institutional-quality projects.
Rising interest rates have already slowed single-family home sales, and they should have a significant impact on pricing and sales activity in the condo market next year.
The financing deal was announced by Square Mile Capital Management LLC, which originated the loan for Goldman Sachs Urban Investment Group and BRP Companies.
The acquisition includes three multifamily properties in the Houston metro area totaling 1,392 units; two properties in Tampa, FL totaling 1,231 units and a 253-unit property in Salt Lake City, UT.