Press Release: The Multifamily Market

ALBANY, N.Y., November 12, 2012 — Robert Giniecki, CCIM, S.E.C., of Foresite Realty Advisors, was quoted in the November/December issue of Commercial Investment Real Estate, the magazine of the CCIM Institute. Please read his comments in “Apartment Hunters,” which is available as a PDF file below.

CCIMs have earned an internationally recognized professional designation that signifies their expertise in commercial investment real estate. Do you want to get this expert’s take on the local commercial real estate market? Contact Robert Giniecki, CCIM, at (518) 782-9217.

Apartment Hunters: Multifamily investors have yield in the crosshairs.

Apartment investors are on the hunt. And they’re moving beyond trophy properties into unfamiliar territory in hopes of a rare catch.

In 1H2012, secondary markets posted a 38 percent year-over-year increase in multifamily transaction volume, followed by tertiary markets at 23 percent, according to Real Capital Analytics. Major metros saw
only a 9 percent increase during that period.

Read full article: Apartment Hunters – Multifamily investors have yield in the crosshairs.

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