The U.S. apartment vacancy rate in the first quarter fell to its lowest level in more than a decade, and rents posted their biggest jump in four years, as Americans eschewed home ownership and renting retained its popularity. To read the rest of the article:
While the single-family housing market remains stagnant, demand for apartments is on a tear, making the multifamily segment very attractive for non-traded REIT investors, say executives at Orlando-based CNL Financial Group. To read the rest of the article:
The country added 227,000 new jobs in February, according to the Bureau of Labor Statistics, the third consecutive month of gains of more than 200,000. That’s a good sign that the labor market is strengthening and the economy is finally on the mend, even if unemployment remains at 8.3%. To read the rest of the article:
L5 Real Estate Investments, LLC is a privately held investment firm focused on stable, income producing multi-family opportunities in emerging U.S. markets.