Why does Galena Opportunity Fund invest in residentially anchored mixed use and multifamily assets?
Real estate development is a speculative investment that takes time to generate returns. However, multifamily assets have a strong performance record. In the markets we invest in multifamily has remained in very high demand and produced strong returns. These markets have seen a tremendous increase in the cost of single-family residences which will continue to propel the demand for multifamily occupancies. Multifamily investment properties have also had great resale values leading to strong returns for investors.