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What's behind multifamily investors' renewed activity

from National Real Estate Investor

After a lull this summer, apartment investors returned to the table, closing a tremendous volume of deals in October alone. Apartment experts have worried for some time that the high prices investors pay for apartments and the large number of transactions are unsustainable. But new buyers continue to be drawn to the multifamily space, attracted by the fundamental strength of the apartment business and high yields, at least compared to other investment options. more

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