
Gainesville, FL Michael Zimmerman, senior vice president - investment sales of Katz & Associates, represented the seller in a $4 million ground lease sale of Texas Roadhouse located at 3984 SW 43rd St.
Zimmerman said, “We were able to sell this for more than our seller paid for it brand new seven years ago, proving that in today’s market, there is a flight to quality.”
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,