Market Report 2015 Sneak Peak - Day 5 Multifamily

The multifamily market maintained the top spot among commercial real estate asset classes for

investors in 2014.  High resident demand, record low vacancies, continuously rising rental rates, minimal concessions and low interest rates have attracted capital from Wall Street to Main Street, with major institutions and local operators aggressively pursuing property acquisitions and development.  This has driven up pricing across property classes and markets nationwide, a distinct differentiation from other commercial property types.

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Every year, Block Real Estate Services, LLC (BRES) releases our comprehensive market report, lending insight on commercial real estate in the Kansas City market. Kansas City continues to see many more exciting development projects planned, under construction or just completed over the next 24 months as well as strong investment activity.

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