CHICAGO, IL – Heartland Real Estate Business recently featured Interra Realty’s Paul Waterloo along with several other real estate experts in an article from their latest issue discussing the Midwest multifamily real estate market.

“Among the most sought-after assets right now are properties owned by long-term operators that have maintained their buildings extremely well but have kept rents below market,” notes Waterloo. “These properties require minimal physical improvements and instead offer an operational value-add opportunity through leasing and management. In our experience, these types of listings are generating
multiple offers and are on the market for a limited time.”

Read the rest of Paul’s analysis at Heartland Real Estate Business.