Anyone happen to know who the large Multifamily brokers are in the salt lake/provo area?
Does anyone know who the large MF brokers are in the salt lake city/provo area? I know CBRE has a large presence in the market but according to their reports, they’re only 35% of the market share. Struggling to find where the other 65% goes. Didn’t see anything within CW/JLL/Colliers that look like they are active in that MF market. Looking at properties 150+ units. Thanks in advance.
[{"id": "i3nztdx", "text": "There\u2019s only 70 sales of properties over 150 units in slc since 2017. Top sellers are the usual, cbre, m&amp;m, berkadia, c&amp;w and then it trails off.", "replies": [], "depth": 1}, {"id": "i3o0em9", "text": "JLL is building out its presence there more, and has a few things in the pipeline but it\u2019s a relatively new office there.", "replies": [], "depth": 1}, {"id": "i3ohtkg", "text": "LDS", "replies": [], "depth": 1}, {"id": "i48k5p2", "text": "I\u2019ve seen activity on Colliers, but nothing in that size. Out of curiosity, what class property are you looking for, and what are you expecting the cap rates to look like?", "replies": [{"id": "i499001", "text": "Anywhere from C-A class properties and cap rates somewhere around 4. Depends on some river stuff and recent cap rates have moved to frequently with interest rates it hard to say.", "replies": [], "depth": 2}], "depth": 1}]