Young adults ages 22 to 30—those “Millennials” who are a target demographic for many of the new apartment properties hitting the market—are likely to be in their first or second post-college home away from their parents. But it’s becoming more and more possible that their next-door neighbors could be their parents … or at least people their parents’ age...
To read the article, visit: http://www.multifamilyexecutive.com/design-development/empty-nesters-flock-to-apartment-living_o
A pickup in household formations and overall housing activity depends greatly on the pace of economic growth. The good news for 2015 is that the U.S. economy appears well poised to sustain about a 3.0 percent growth rate in 2015—only the second year in the past decade with growth at that pace or better. To continue reading this article: http://www.freddiemac.com/finance/pdf/November_2014_public_outlook.pdf
L5 Real Estate Investments, LLC is a privately held investment firm focused on stable, income producing multi-family opportunities in emerging U.S. markets.