LOS ANGELES-The greatest opportunity resides in medium-sized,value-added, class B and C properties, and private equity realestate funds focused on this particular niche, says a source.
The high tide of single-family home foreclosures hasturned five million homeowners to renters, and likely longer-term,if not permanent, renters. So says Eric Sussman,managing partner at Sequoia Real Estate Partners.Sussman recently chatted with GlobeSt.com on the subject ofmultifamily investment and how investors can capitalize.
Check back on Wednesday, August 22 for thefull story.
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