No Surprises Here: PSU Center for Real Estate’s Spring 2015 Report
The PSU Center for Real Estate released its Spring, 2015 Multifamily Report this week. It’s a nice summary of data reported here over the first few months of this year.
Particularly interesting statistics on multifamily transactions were the following based on sales through March 2015:
- Average price per foot: $126
- Median cap rate: 6.37%
- Median gross rent multiplier: 8.46
- Median price per unit: $94,243
HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com