Rents are likely to rise the most for class-B apartments, and the least for class-C and -D units.
Land deals in eligible tracts from Bronx to Oakland jump 62 percent.
A group of investors has bought Newark’s Gateway Center for approximately $300 million.
Sectors such as self-storage and student housing appear more attractive as yields for core real estate drop.
SFR investors are buying older homes, and looking at markets like Birmingham, Ala.