As if there was any doubt that strong investor demand in the multifamily sector has prompted many landlords to sell now while the market is hot, Taylor Johnson client KIG is making news for listing for sale 1,100+ apartments in May in three portfolios located in throughout Ky., Wisc. and Ill. As noted in this article from today's GlobeSt.com, "It's the year of the portfolio," said Susan Tjarksen, principal and managing broker of KIG. Many sellers have noted the intensity of buyer demand and decided that "if I'm going to sell one property I might as well sell all five of them." Read here to learn why investors seeking lucrative returns and opportunities to establish themselves in high barrier-to-entry markets are turning toward multifamily portfolios as an alternative investment opportunity.
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