AUSTIN—Austin is an attractive city in which to invest. But, for institutional investors, that hasn't always been the case.
Currently, demand is great for value-add multifamily properties amid a highly competitive market and raising rental rates. And no one knows this better than the panelists scheduled to take part in “Investment Opportunities: Capital from Near & Far,” at GlobeSt.com's inaugural RealShare Austin event at the W Hotel on June 2.
“There is considerable interest to invest in Austin, and we don't see that changing,” Hale Umstattd, executive managing director/capital markets at Transwestern, told GlobeSt.com.
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