DALLAS-Although most institutional investors are still targeting coastal, high barrier-to-entry markets for multifamily investments, they're beginning to seek opportunities in the Metroplex.

“Most institutions are still focused on coastal, high barrier-to-entry markets, but they can’t find a lot of core product,” says Ryan Epstein, a director with the Balthrope Group of Institutional Property Advisors, a Marcus & Millichap Co. “As the capital gets more anxious, institutions are expanding their criteria to include major metros, and Dallas-Fort Worth is at the top of that list.”

Will Balthrope, senior director with the Balthrope Group of Institutional Property Advisors, tells GlobeSt.com that the entire spectrum of institutional investors, from public and private REITs to pension funds and life insurance companies, are looking for investment opportunities in North Texas.