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- 💵 Cash Buyers Dominate Luxury and Undervalued Multifamily Markets
💵 Cash Buyers Dominate Luxury and Undervalued Multifamily Markets
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📈 Data Point
Cash Buyers Dominate Luxury and Undervalued Multifamily Markets
This report points to a sharp increase in all-cash purchases of multifamily properties in undervalued U.S. markets. These investors are targeting properties with strong upside potential in cities where home prices haven’t yet peaked. Markets like Pittsburgh, St. Louis, and parts of the Southeast are seeing more interest from capital-rich buyers, many of whom are avoiding financing due to high interest rates.
🧭 Market Watch
San Jose Expands Affordable Housing Pipeline
San Jose, California is preparing to add hundreds of new multifamily affordable housing units. City leaders have approved multiple developments across downtown and the surrounding neighborhoods, with a mix of supportive housing and below-market-rate rentals. This push aims to address rising housing costs and reduce displacement of longtime residents in the heart of Silicon Valley.
🧾 Rule of the Day
Rent Roll
A Rent Roll is a detailed list of all tenants in a multifamily property, showing the unit number, tenant name, lease start and end dates, monthly rent, and payment status. Investors and lenders use it to understand occupancy, lease expiration risk, and rental income trends. A rent roll is essential during due diligence and is updated regularly by property managers.
🌱 Green Build
Modular Homes Make Entry in Irish Multifamily Push
DMDmodular has delivered its first modular home to Limerick as part of a larger residential project using prefabricated housing to accelerate delivery and cut waste. These factory-built units reduce construction time, limit environmental disruption, and use energy-efficient materials. Modular methods are gaining global traction for sustainable multifamily development, especially in regions facing housing shortages. Know more.
🏘 Deal Radar
Minot, ND M-Building, one of the tallest buildings in Minot, is stripped down to shell condition and is ready for redevelopment. Once home to the Midwest Federal Savings Bank, this is a great opportunity for a multifamily home. | Tampa, FL This multi-family property includes 32 units spread across four stories in a single building. All units are currently vacant, but are freshly painted and include in-unit amentities. It provides access to the Hillsborough River. | Donora, PA This six-story 22-unit multi-family property comes with four off-street and free on-street parking spaces. This is a HUD property until August 13, 2031. It is offered in as-is condition, and all units are 1BA/1BR. |
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