Rent control fails to deter investors
Experts suggest the potential for capital appreciation is the peach for institutional buyers, writes Donal Buckley
Recent deals on multi-family units suggest that not all investors are concerned about the prospects of residential rent controls.
Even before last week’s reports that rent certainty was off the table, there appeared to be a pick-up in multi-family sales after a slowdown in the first eight months of the year.
Before the off-the-table reports, CBRE said in its bi-monthly report last week-end: “It is clear that demand for multi-family residential opportunities has...
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