Affordable Value-Add Multifamily Still Offers Strong Returns

Even in a low-yield world, value-add, affordable multifamily is still producing solid returns.

“We’re able to generate value-add multifamily returns in the low to mid-teens,” Daryl Carter, CEO of Avanath Capital Management, said on CBRE’s “The Weekly Take” podcast. “The one thing about the affordable housing industry is the income is very stable.”