Cadre Doubles Investor Money Through Multifamily Sales, Sees More Compelling Opportunities Ahead in Target Sectors and Geographies 1
Cadres recent sales further reinforce the promising value creation opportunities multifamily assets provide relative to single family housing.
- Cadres recent sales further reinforce the promising value creation opportunities multifamily assets provide relative to single family housing.
- In contrast, investors and owners in a defensive asset class such as multifamily continue to benefit from operations that scale more efficiently across units.
- Ultimately, given the strength of offers for the asset, Cadre sold nearly five years ahead of the expected timing.
- Given strong performance and cap rate compression, Cadre exited the asset three years ahead of the initially targeted sale timing.