Buyers, sellers are far apart on prices

With 5% to 15% pricing adjustments, DB Capital Management’s Brennen Degner sees the market slowing.

DB Capital Management has been busy this year.

So far, the Playa Vista, California-based apartment owner has bought approximately $350 million in assets. It has been active in growth markets like San Antonio and Austin, Texas, Denver, Las Vegas and Salt Lake City, Utah. The company has also been an active seller. Last year, DB sold all of its assets in its home state of California...

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RSK: Not just in multifamily but in all sectors of CRE excluding warehousing. It has slowed to a trickle as investors see where interest rates will finally land. Asking prices are falling as well.



- - Volume: 10 - WEEK: 33 Date: 8/9/2022 10:00:26 AM -