Terry Baltes has worked in Ohio’s commercial real estate industry since 1973, and he’s the Managing Member of the largest commercial real estate firm in the Eastern United States – Baltes Commercial Realty, Ltd. Terry’s news blog, which is popular among those in the industry, recently published a piece titled Multifamily Continues to be the Darling of the Investment Community.
2. Terry Baltes has worked in Ohio’s
commercial real estate industry
since 1973, and he’s the Managing
Member of the largest commercial
real estate firm in the Eastern United
States – Baltes Commercial Realty,
Ltd. Terry’s news blog, which is
popular among those in the industry,
recently published a piece titled
Multifamily Continues to be the
Darling of the Investment
Community.
3. “Multifamily continues to be the
darling of the investment
community based upon its solid
market fundamentals and its
long-term positive outlook,”
wrote Terry Baltes and his team.
“Substantial capital, both debt
and equity are readily available
for this sector because of its
long-term sustainability. Rents
have been rising, cap rates have
been depressing although at a
slower pace, sales prices per
square foot have been
increasing and new product has
been kept in check. The vacancy
rate has ticked up slightly which
is the only negative.”
4. To keep reading about Terry
Baltes and his team of commercial
and investment brokers, please
visit www.1bcr.com for complete
details on available properties,
contact information, recent news
and more. The Baltes Commercial
Realty blog features useful
information for anyone who’s
buying and/or selling in the
commercial real estate industry.