These Cities Are Prime for Multifamily Real Estate Investment in 2017

Multifamily Real Estate
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An MBA graduate of the Anderson School of Management at UCLA, Frank Roessler is a former asset manager for M&A Real Estate Partners in Westwood, California. Today, Frank Roessler stands out as the founder of Ashcroft Capital, a real estate investment firm with a portfolio of multifamily properties located across the state of Texas.

According to an article published by Forbes earlier this year, many of the best cities to invest in multifamily or single family housing in 2017 are located in the southern half of the United States. Among the top cities for housing investments are Dallas, Texas, at number one; Jacksonville, Florida, in the number two spot; and Orlando, Florida, ranked third. Two additional cities in Texas made the top 20 list for best housing market potential this year, with Fort Worth ranking ninth and San Antonio ranking 20th.

In addition to a growing demand for multifamily housing, 2017 is also expected to bring rent growth to some cities, primarily in the western and southern parts of the country. Oakland, California; Las Vegas, Nevada; Dallas, Texas; and West Palm Beach, Florida are all expected to see increases in rent prices for tenants within the next year.

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Commercial Real Estate Trends for 2017

Commercial Real Estat
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Frank Roessler is the founder of Ashcroft Capital, a real estate investment firm in Westwood, California. Prior to founding the firm, Frank Roessler gained experience in commercial real estate as an acquisition associate and then an asset manager for M&A Real Estate Partners, also in Westwood.

Several factors are expected to shape the commercial real estate market in 2017. Many within the industry feel optimistic about the market’s outlook.

Property values are continuing to rise, bringing them to a level nearly comparable to that of 2008. The confidence inspired by this healthy growth combined with the likelihood of lower tax rates and fewer regulations is anticipated to fuel growth in commercial real estate sectors such as multifamily housing, industry, and hospitality.

Another factor likely to influence American commercial real estate in 2017 is the continued influx of foreign investments. In 2015, US cities with the highest occurrence of foreign commercial real estate investment included New York, Los Angeles, Atlanta, Chicago, and Dallas. By September 2016, San Francisco and Phoenix had replaced Atlanta and Dallas on the list, with China representing the greatest number of foreign investors in the US.