New Record: US Multifamily Investment Hits Highest Levels Ever

US multifamily investment is up to $127B for the year ending Q2 ’15—the highest four-quarter total in history. It surpasses the $100B peak reached in Q2 ’06. According to CBRE research, more than $30B flowed into the multifamily sector in the last quarter, 36% growth from Q2’ 14, but a 3% decline from Q1 ’15. In Q2 ’15, multifamily made up 27% of the $110B invested assets in US commercial real estate, with Los Angeles-South California attracting the most multifamily investment ($5.3B), followed by Dallas/Fort Worth ($3B), Washington, DC, ($3B), Atlanta ($2.8B) and Houston ($2.5B). With such impressive results, CBRE Capital Markets Institutional Properties executive managing director Brian McAuliffe (pictured) believes the future market will have solid investor confidence and asset performance as equity and debt investment volumes—as well as demand and transaction sale prices—continue to rise and vacancy rates continue to fall. [WPJ]

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