Multifamily Syndication Returns: 10-Year Performance Analysis
Over the past decade, stabilized multifamily assets have averaged 12–18% gross internal rate of return (IRR) and 6–9% gross annual cash-on-cash yield, depending on property type, market cycle, and sponsor performance. Those numbers tell just part of the story. Real-world results depend on factors a spreadsheet can’t show: the sponsor’s underwriting discipline, asset selection, and […]