Multifamily Investors Are Ending 2020 on a Brisk Buying Clip Tired of waiting for discounts, investors have come off the sideline to snap up assets in a year-end rush of deals.
Apartment investors are in a hurry to make up for lost time. They are trading billions of dollars in apartment properties a pace of activity that’s double or even triple the volume of sales from the fall.
Buyers and sellers have closed deals despite the coronavirus pandemic worsening in the U.S., with hundreds of thousands of new cases confirmed daily and the death toll now reaching more than 3,000 in a single day twice this week.