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June 2016 Investor News

Multifamily Mania
Fueled by a lack of new inventory and job & population gains in Florida, investors have flocked to acquire apartments for rent growth and appreciation.  Read More…

Temple Terrace Apartment Complex Sold for $70 Million
A Tampa company has bought the 776-unit River Chase complex and plans to rename it as part of a substantial makeover.  Read More…

Rent Growth Eases
Annual gains in the first quarter were still a relatively strong 4.1 percent nationally, but that is a significant drop from the gains the market was seeing one year ago.  Read More…

House Flipping Heats Up
There is a severe lack of good quality, turn-key homes for sale, and that has created a seller’s market across the nation.  Read More…

Nevada Investor Attempts to Become First Space Landlord
Robert Bigelow, founder of Budget Suites of America, is building a spacecraft to be rented for $1 Million per day.  Read More…