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Institutional investors flock to Charlotte

By
Real Estate Broker/Owner with Showcase Realty LLC 183393

Nancy Braun in the News

Home price gains could make selling attractive to institutional investors

Charlotte ranks fifth among regions with the most homes sold to institutional investors between January 2012 and August, but so far the equity gained in those homes trails behind six of the regions in the top 10, according to real estate data and analytics provider RealtyTrac. 

Still, the area was listed among eight that RealtyTrac said are “markets where (the) big four investors have the most motivation to ‘cash out’ based on potential returns from equity gained.” The four companies RealtyTrac focused on were Blackstone, American Homes 4 Rent, Fundamental REO and Colony American Homes.

“I have not seen this happening as of yet,” wrote Nancy Braun, owner of Showcase Realty LLC in Charlotte, in an email. “These companies, I believe, are doing well with renting out their properties – low vacancies and high rent – and if they are netting them a good cash-flow return, they may hold on a bit longer to show these numbers to another investor and sell off these properties in packages to investors seeking a positive cash flow and high cap rate.”

Read more http://tinyurl.com/oz63obg

#CLT #SHOWCASEREALTY #REALESTATE

Posted by

Nancy Braun

Owner & Broker in Charge

Showcase Realty,LLC

 

1430 S Mint St Suite 106

Charlotte, NC 28203

704-997-3794

704-625-2361 (f)

Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Nancy,

Good to hear that, over here the institutional investors left town.

Jan 06, 2015 08:57 AM