Boston is a big draw

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Frank Petz, head of our Boston office Capital Markets team

Frank Petz, JLL Capital Markets lead

Travis D'Amato, JLL Multifamily Capital Markets

Travis D’Amato, JLL Multifamily Capital Markets

Boston real estate continues to be the target of international and local capital. Rates are fueling record sales across all asset types. The Real Reporter’s voluminous 2014 Annual Investment Review provides a close look at the transactions and players that are driving the activity. Here is what JLL New England Capital Markets head Frank Petz and multifamily expert Travis D’Amato had to say about staying ahead of the curve.

“Grass roots insight is key to understanding where the market is headed,” said Frank. “This is especially true in our dynamic environment here in New England, where infrastructure investments and tenant trends are creating new opportunities.

“You aren’t selling what is there today. The real value is in knowing how the market will look five years from now.

“We try to approach brokerage from an owner’s perspective. This helps us connect with clients and investors.”

According to Travis: “REITs and other institutional sources are reacting in earnest, due in part to the thin multifamily inventory and to high apartment occupancy rates.

“The market is very strong right now. It can be challenging to buy urban, but people want to get in any way they can.”




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