Demand For Value-Add Multifamily Acquisitions Outpaces Supply

April 7, 2021


Value-add multifamily investments were a popular play before the pandemic and, despite the challenges encountered over the past year, remain desirable today. When Heartland Real Estate Business wanted to report on soaring demand for value-add acquisitions, we connected the publication with Taylor Johnson clients Interra Realty and Evergreen Real Estate Group. In the resulting cover story, Interra Managing Partner Ted Stratman discussed the range of deal types, from the full gut rehab of vacant properties to minor cosmetic improvements and operational changes that can make occupied buildings more profitable. In the same article, Kevin Beard, director of acquisitions for Evergreen, shared how the demand for multifamily deals is being driven by low interest rates, generally strong rent collections and equity flowing away from other property types during COVID. Read the full story here.

Interra Realty’s recent value-add investment sales include 4400 S. Drexel Blvd., a 46-unit community in Chicago’s Kenwood neighborhood.


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