Miller says San Antonio is an alternative to other markets, i.e., Austin, but without the hefty price tag.
SAN ANTONIO—The metro's multifamily market is on sound footing, according to Berkadia's Q1 2019 Multifamily Market report. For the past 12 months, the market would be best characterized by a reduction in apartment deliveries and an increase in leasing activity propelled occupancy and rents.
In this exclusive, Mike Miller, managing director for Berkadia's investment sales team, shared what's driving San Antonio's strong multifamily market, what makes it an attractive investment market and why investors keep coming back for more.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
