For real estate investors looking at the Japanese market, “multifamily” is a word that has been appearing more often in recent years. For example, in July, BlackRock acquired a multifamily asset in Tokyo together with Dash Living and, Goldman Sachs was reported to have acquired a portfolio of eight residential assets in the Greater Tokyo area in September for $80 million.
Multifamily residential is one of the major sectors that real estate investors consider, in addition to office buildings, retail properties, logistics and hotels. The term multifamily refers to a single building that accommodates multiple residential units for rent, sometimes also known as rental housing or a multi-dwelling unit....
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