March 9, 2020 Comments Off on Inbound Capital to U.S. Multifamily Drops Y-O-Y Views: 1712 National News, Top National

Inbound capital to the U.S. multifamily sector decreased year-over-year by 27.3% to $10.7 billion in 2019, says CBRE. The drop-off was due largely to a sharp decrease in portfolio deals from the decade-high peak of $14 billion-plus in 2018.

For single-asset deals—a better measure of investment momentum because of less volatility from year to year—inbound capital increased by 3.8% to $6.1 billion, according to CBRE.

Canada, the perennial leader, remained the biggest foreign capital source last year, accounting for more than half of inbound multifamily investment volume. Bahrain, Israel, the Netherlands and the U.K. rounded out the top five.

Orlando was the highest growth market for global capital, with an annual gain of 231%. The top five multifamily markets for inbound investment by total volume were Washington, D.C. ($780 million), Atlanta ($711 million), Austin ($627 million), Houston ($607 million) and Los Angeles ($591 million).

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Tags: Acquisition, Apartments & Multifamily, Research

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Inbound Capital to U.S. Multifamily Drops Y-O-Y

Paul Bubny