National Apartment Association: Value-Add Still Adds Up
CHICAGO, IL – Interra Realty’s Paul Waterloo was featured alongside other real estate experts in this article by the National Apartment Association discussing value-add deals in multifamily.
“In the middle-market multifamily space, we’re seeing an increased reliance on cash acquisitions and a resurgence of seller financing,” said Paul Waterloo, a Managing Partner with Interra Realty, a brokerage firm based in Chicago. “Local and regional banks continue to offer financing, typically favoring experienced local sponsors with a track record of successful value-add projects.”
Read the complete article at NAA.