New funds, joint ventures signal busy second half of 2015

Riskier and rarer development opportunities mean more partnerships

A number of multifamily owner/operators and real estate investment trusts (REITs) have openly expressed plans to be more active in the acquisitions arena during the second half of 2015. A grouping of these firms will acquire rental properties utilizing capital from recently launched funds. An increase in the formation of newly established funds indicates that more investors want to commit at least $5 million toward larger multifamily investment vehicles.