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The REITs operating in the single-family rental sector have done an impressive job of building a business from scratch in a short time, writes Green Street Advisors' John Pawlowski in this <b>EXCLUSIVE</b> commentary.
GlobeSt.com caught up with Paul Kaplan, managing director and cofounder of KW Property Management and Consulting, to get a clear answer in this exclusive interview.
The community will be targeted to very low and extremely low-income adults 62 and older, allowing these residents to remain in their communities close to family, shopping and services.
As residents get priced out of infill coastal markets close to Downtown San Diego and the beach communities, they have been moving out to areas like La Mesa to gain more value for their home, IEC's Brendan Gibney tells GlobeSt.com.
“Shore points such as Belmar with their own rail station have rapidly become a year-round haven for an out-commuter tenant base,” says Gebroe-Hammer's Adam Zweibel.
Capital investors chasing the historical returns of the sector have prompted numerous new entrants into the self-storage industry that are forming teams to build and buy the product, Westport Properties' Ben Hall tells GlobeSt.com.