more than doubled to $18.5 billion in August compared to August 2020 as investors chase a limited number of properties, according to Real Capital Analytics. Houston rents jumped 10.7 percent in August compared to August 2020, according to .Īpartment deal volume in the U.S. Rising apartment rents are attracting investors and spurring development. The eight-story buildings contain high-end amenities such as a rooftop pool and outdoor kitchen with pizza oven at 15th Street Flats, and an athletic gym, library and computer lounge at Heights Waterworks. RELATED: Real estate transactions: Company inks Energy Corridor headquarters lease Heights residents can walk to an average of three restaurants, bars and coffee shops in five minutes, according to Berkadia. The Heights portfolio hit the market as demand for living in urban areas near shops and restaurants began to rebound after a COVID-induced flight to the suburbs. “The Heights Collection offered Cardone Capital a unique opportunity to add two brand new multifamily assets, consisting of 646 units both purchased below replacement cost, to their already existing 800 units in Houston,” said Chris Curry, a broker with Berkadia.
#Discovery channel grant cardone tv
In addition to investing in commercial real estate, Cardone is an author, business coach and star of Discovery Channel’s “Undercover Billionaire” TV show.īerkadia marketed the portfolio and arranged acquisition financing.
0 kommentar(er)
