Multifamily Forecast for 2023: Cautiously Positive
Stakeholders in the multifamily market discussed their expectations for the upcoming year at the CREFC (Commercial Real Estate Finance Council) January Conference 2023, among other things. Despite the anticipated recession, most people seemed cautiously optimistic, and the outlook was not particularly gloomy. Belsky’s research into the multifamily sector supports this viewpoint. What is the top investment option? Multifamily continues to be the top investment option for capital still looking to invest in commercial real estate. A nationwide housing shortage and rising single-family home ownership costs are favorable factors for multifamily housing. Rental rates increased in 2022 despite a slowdown ...
Ready Set go! Here comes 2022! End Of Year Summary
Can you believe we are already into the first week of 2022? Hopefully, you had time to slow down and relax with loved ones and are ready for what we all hope will be a great year. 2021 was a banner year for CalTier, with a lot of real estate investment activity and incredible growth. We thought we'd share a just few key highlights from 2021: 8 Multi-Family assets totaling 1,200 doors We started off 2021 investing in Solano Vista, a 352-unit property in Glendale, Arizona, which has since sold. More on that is below. We then added ...
Real Estate Update – September 2021
It has been a hectic year already here at CalTier. We have been working on improving our technology to make it easier for our investors to get involved in real estate and grow the assets in the fund. As of the time of writing, the CalTier Fund has invested in over 1,000 multi-family units. This is a huge achievement, and we are very proud of the progress we have made for our investors. Below is a summary update on each asset: Solano Vista - Glendale, Arizona We invested in Solano Vista at the beginning of 2021 with our ...