Multi Family & Residential are two of the hottest products in real estate. People will always need a place to live. The American dream of owning a home and low interest rates have made prices for home sales sky rocket.
Investors should be careful, though. With sky rocketing home sales, the student loan crisis, population growth slowing, baby boomers retiring, and interest rates on the rise there could be a pull back in the housing sector within the next few years.
The working from home trend has affected Apartments in most major cities. Inner city apartment communities have had their rental incomes devastated because people have been fleeing to less expensive options in the suburbs or to other states with lower costs of living and more space.
Freedom Commercial has a team of residential partners to help conduct a residential transaction. We also have a database of properties to pull from if you need help finding apartment communities for sale or if you wish to sell your apartment complex.