May
03
China’s Modern Land Makes Major Multifamily Move
ByNewly formed affiliate AMG Capital LLC will focus on premier multifamily assets in high-growth U.S. markets.
Scott Butterfield, AMG Capital
New York—Internationally, U.S. commercial real estate continues to be viewed as a safe haven for investment, and Modern Land (China) Co. Ltd. is among the latest foreign investors to zero in on the market. Modern Land has just formed AMG Capital LLC, a U.S.-based affiliate that will focus on premier multifamily assetsin leading, high-growth markets.
The post-economic downturn climate saw the multifamily sector rise to the top of real estate investors’ list, and AMG has its reasons for concentrating its attention on apartment communities. “Investor demand for Class A multi-family assets is currently very high and AMG Capital believes that there will continue to be a large volume of good investment opportunities in our target markets over the next several years due to strong demand drivers and favorable demographic trends,” Scott Butterfield, managing director of AMG Capital, told Commercial Property Executive….
Copyright © 1999 - 2025 Tony Seruga | All Rights Reserved
Affiliates |
Privacy |
Refunds |
Legal & Policies