Dear Investor,

Spring has sprung, and with it comes a shower of exciting updates and opportunities in the world of real estate! As the multifamily real estate segment begins to blossom alongside the spring flowers, I am collaborating with the Polsinelli Team at Compass Commercial (on the transaction front) to guide you through the latest trends, listings, and tips to seize investment opportunities not seen since the 1990's. So grab your umbrella and join us as we navigate through the first quarter with our sights set on capitalizing on global investment opportunities and new beginnings.

U.S. Multifamily Market Trends:

  • 3.4%: Average annual inventory growth since 2020.

  • 52.0%: Over half of the top U.S. markets saw for-sale housing pricing increase in the last 12 months.

  • 5.2%: Average multifamily cap rate in Q1 2024 for major U.S. markets.

In the top U.S. markets, over half have seen for-sale housing prices increase by +1%, while only 36% have seen multifamily rents grow by +1%. This increased pricing in the for-sale market is helping to maintain demand for multifamily assets. In Q1 2024, multifamily absorption reached its highest level since 2021 when demand peaked.

While cap rates remained unchanged from Q4 2023 levels and Q1 2024 sales volumes dropped to their lowest level since Q2 2020, the 10-year Treasury rate returned to Q3 2023 levels as inflation remains persistently high. Despite these challenges, multifamily continues to be a favored asset class for investors, accounting for 35% of dry powder volumes.

My name is Viviana M. Addo, I am a global real estate consultant and principal of VMCASA. I specialize in multifamily, retail and mixed-use investment sales in your neighborhood. I have clients looking for a property like yours. However, the inventory of buildings is quite low at the moment. When you are looking to sell this real estate asset, please contact me. I would be delighted to work with you. 

Our services are highly sophisticated to assure highest return on investment, a smooth negotiation, and closing process. I aim to be a force of good in the market, and produce great quality work that can add value to investors and the community. I have a master’s in real estate finance and investment from NYU, and an active member of the NYU alumni association. I envision a greater future for cities around the world and take my job seriously. 

I hope this information about the market is helpful, and please do not hesitate to contact me for more details on the current market or ideas on how to use the air rights currently available on your real estate property. 

For more information contact us

  • Email: Viviana@vmcasa.com

  • Phone: 718-551-5135 

  • Address: 55 Broadway, New York, NY, 10006