Research - JULY 28, 2020

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Investors recharging activity, with more than $9b of multifamily offerings coming to market

by Released

The coronavirus pandemic introduced a 90-day lull in new property offerings in the United States, but investors are ready to shift their capital off the sidelines and back into purchasing commercial real estate assets again, according to JLL. There is a heightened focus from capital on defensive sectors, and the multi-housing sector is well positioned to benefit from increased activity.

JLL’s Capital Markets team, which tracked investment transaction interests and trading probabilities, is preparing more than $9 billion of multi-housing assets that are being marketed or will hit the market in the next 30 to 45 days.

“We’ve seen an increase in the number of ‘broker opinions of value’ requests in the last 30 days as owners seek more visibility into asset values,” said Matthew Lawton, executive managing director, Capital Markets, at JLL Americas. “We’re identifying the strongest multi-housing assets to put on the market to drive pricing in an opaque market

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