Search
 

RealShare Speaker: Investors Love Philly M-F

PHILADELPHIA-Investment sales specialist Jose Cruz of HFF says the multifamily market has seriously heated up in the last six-to-nine months. Cruz will join the Industry Leaders panel at the RealShare conference at the Union League Thursday morning.

By Antoinette Martin | Updated on February 24, 2014

PHILADELPHIA-HFF‘s Jose Cruz, a member of the Industry Leaders panel at the RealShare Philadelphia conference here on Thursday, says Center City multifamily assets are soaring in appeal lately.

“The institutional buyers and owners have rediscovered Philly,” Cruz tells GlobeSt.com. “Maybe ‘rediscovered’ isn’t quite the right way to put it, because the institutions have always been there – Prudential, Black Rock, Clarion, and others.  But over the last six-to-nine months, multifamily in Center City has become a very, very hot asset class.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.