Institutional Capital Focuses on SoCal MF


NEW event in SoCal! Meet the people leading the sector at RealShare Industrial West. The Westin Long Beach, January 19-20. Room block available.

Martin: “This region hasn’t seen the rent growth that Northern California has seen, yet a lot of people think that’s yet to come.”
OCEANSIDE, CA—A lot of institutional money is allocated specifically for Southern California multifamilyassets in 2016, ARA Newmark’s managing director Tyler Martin tells GlobeSt.com. The firm recently facilitated the sale of the Timbers Apartments, a 208-unit apartment community here, by Timbers Strata L.P. to a private-equity real estate firm in an off-market transaction. Martin and fellow director Bryan Schellinger served as advisors to both the buyer and the seller in this transaction. We spoke exclusively with Martin about the appeal of the San Diego multifamily market and what investors are looking for in Southern California multifamily in general…
Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.