top of page

Affordable Housing Gap Spells Opportunity

JUNE 2023


Institutional investors have grown more interested in US affordable housing - as have the government-sponsored finance agencies and state and local governments - as the undersupply in the county has grown.


"We are seeing this increasing conversation around affordable housing, maybe less of a stigma around affordable housing, because it just impacts so many people across all markets," says Angela Kelcher, the Dallas-based affordable housing group leader for JLL.


With a shortage of 7.3 million affordable housing units in the US, according to the non-profit National Low Income Housing Coalition, and only 100,000 or so new units built every year, "the math just doesn't work," says John Williams, chief investment officer of Avanath Capital Management, an affordable housing investment firm based in Irvine, California.


"It is still a business that basically has unlimited demand and limited supply. That is why people are finding it attractive: because of that and the stickiness of it," he says.


To read the full article, click here.



ABOUT ACCORD CAPITAL PARTNERS LLC

Accord, through its affiliates, is a global capital advisor, principal investor and investment manager. With its headquarters in San Francisco and personnel in Chicago, London, Hong Kong and Seoul, Accord engages with a wide variety of participants in the real estate private equity industry. Accord Capital Partners, its broker/dealer affiliate, provides advisory and capital raising services in the United States. Accord Europe Limited, its broker/dealer affiliate, provides advisory and capital raising services in the United Kingdom and Europe. For further information on Accord, visit: www.accord-group.net.


コメント


Recent Posts
bottom of page