Why Invest in Multifamily?

There are different types of real estate investments including single family, multifamily, mobile homes, land, retail, office, industrial, and self-storage. Among these, multifamily investing stands out as particularly attractive for several compelling reasons.

01

Tangible Asset

Real estate is a tangible asset, unlike stocks or bonds. Real estate investment provides stable assets compared to the volatile stock market and has been an excellent hedge against inflation.

02

Strong Rental Demand

Demographics trends, rising homeownership costs, lifestyle preferences, and debt levels are driving strong demand for rental units across the country.

03

Passive Income

Investing in multifamily real estate generates passive income. According to CBRE, multifamily investments have averaged 9.8% returns over the last 25 years.

04

Recession Resilience

People always need housing. Multifamily is less impacted by economic downturns compared to retail, office, or land investments.

05

Demographic Tailwinds

Both Millennials and Baby Boomers are increasingly choosing to rent. Census data shows shifting preferences from homeownership to renting.

06

Lower Risk Financing

Income from rents comes from multiple tenants, unlike anchor tenants in retail or office. Getting approval for multifamily loans is often easier.

07

Inflation Protection

Rent increases typically keep pace with inflation. Higher demand areas and improved amenities can drive even greater rent growth.

08

Tax Advantages

Capital gains can be reduced through depreciation and capital expenditures. CapEx can also be used to upgrade properties and increase value.

09

Economies of Scale

Replace 2-3 roofs for a 20-unit building versus 20 separate roofs for single-family homes. Concentrated operations reduce costs.

10

Easier Management

Managing a 100-unit property is more efficient than 100 separate houses. Professional property management is more cost-effective at scale.

How to Invest

There are a few ways to invest in multifamily properties. You can buy a property directly or invest alongside experienced operators.

Owning Multifamily Directly

Find a property, perform due diligence, secure financing, close, and manage the property. Best for those with time and interest in active property management.

Investing With Others

Partner with operators who handle all aspects: finding deals, due diligence, closing, and management. Syndication is the most popular method for group investments.

Understanding Syndication

Multifamily syndication gives you an opportunity to invest in apartment buildings alongside other investors. People pool their resources to purchase large assets that would be difficult to acquire individually.

General Partners (GPs)
General partners put the deal together and manage the property. They find properties, underwrite deals, negotiate with sellers, perform due diligence, secure financing, and handle day-to-day operations.
Limited Partners (LPs)
Limited partners are passive investors who fund a portion of the initial investment. They typically receive quarterly distributions of profit for their share but have no role in day-to-day operations.

Investor Qualifications

Federal and state securities laws apply to real estate syndication transactions. Only qualified investors can invest as limited partners in most syndications.

Accredited Investor
An investor with an annual income of $200,000 ($300,000 for joint income) for the last two years, OR a net worth exceeding $1 million (not including primary residence).
Sophisticated Investor
An investor with sufficient knowledge and experience in financial and business matters to evaluate the risks of prospective investments.

Types of Syndications

General partners can sell private securities to limited partners under Regulation D, which allows raising money without SEC registration when certain conditions are met.

506(b) Offerings

Allows raising money from unlimited accredited investors and up to 35 sophisticated investors. General solicitation or advertisement is prohibited. Issuers must have a pre-existing relationship with investors.

506(c) Offerings

Issuers can advertise to anyone but may only accept accredited investors. Reasonable steps must be taken to verify all investors are accredited at the time of investment.

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