Buying and renting out a residential property is sometimes misperceived as a passive real estate investment. It can involve a lot more time and effort than many investors plan for. Passive real estate investment offers similar benefits, with much less day-to-day involvement.
Multifamily real estate is one of the largest global investment asset classes, and its speedy recovery post COVID-19 is attracting even more investor capital. Here are five things for first-time multifamily real estate investors should know before adding the asset class to their portfolio.
Lucern Capital Partners are high conviction investors in the Charlotte, NC multifamily and mixed-use real estate market.
Today, millennials account for the largest number of multifamily renters, approximately 43%. However, a new generation is entering their prime renting years – Gen Z.
In Lucern’s 2nd Quarter 2021 Update, our team details Lucern Multifamily Value Fund I, L.P.’s growth and continued success throughout the quarter.
Savvy value-add real estate investors rebrand their properties to boost occupancy levels, improve tenant quality of life, and maximize return to investors.
Lucern Managing Partner, Dave Hansel, outlines three ancillary revenue strategies that add value and can positively impact a multifamily asset’s bottom line.
With hotel prices being driven down by the COVID-19 pandemic, real estate investment firms like Lucern Capital Partners are converting the properties into multifamily assets.
In the wake of the COVID-19 pandemic, hotel sale prices have taken a dive. Lucern Capital Partners is taking advantage by buying extended stay hotels at a discount and converting them to multifamily properties.
Lucern Capital Partners acquires East Coast Townhomes, a 102-unit multifamily asset in the burgeoning West Charlotte submarket.