Atlanta's been an incredible market for real estate investing for some time now, but will it continue?
It's one of the markets where we always try to keep our deal flow active, so we wanted to get a handle on the outlook for the market and region.
When it comes to ATL, there aren't many people with a better understanding of the market than Kevin Geiger, Vice Chairman of CBRE. Kevin has focused on multifamily investment property sales since joining CBRE in 1989. The team has been recognized as one of the most innovative and successful groups in the country, having transacted in excess of $20 billion in multifamily transactions since 2000. He is recognized on an annual basis by CBRE as one of the top investment sales professionals within the firm.
As you'll hear, Kevin is still incredibly bullish on Atlanta's multifamily market and provides a deep dive into some of the hottest submarkets around the city.
If you're looking into investing in Atlanta, you'll definitely want to hear what Kevin has to say.
The savviest investors invest when the markets are dislocated.
Right now a lot of the institutional players are sitting on the sidelines, but there's tremendous investor demand.
Good investors know you can make money when you buy just as easily as you do when you sell.
There's still really good rent growth, but there's a lack of product in the market.
A lot of the sellers are used to selling at these very low cap rates that they've experienced over the last two years, but right now we're at cap rates that we were seeing pre-COVID. It's becoming more normalized from a historical perspective.
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