Multifamily Real Estate Insights Podcast
The Real Estate Multifamily Insights Podcast is your trusted source for news, strategies, expert interviews, and actionable tips to grow your wealth through multifamily real estate, in Canada and beyond. Hosted by seasoned investor Sandy Mackay.
Investment Programs, Invesco Insights, and MBTA Communities Act Update
In this episode, Sandy MacKay kicks off with an introduction and an announcement about a new investment program. The discussion then shifts to explore the implications for Invesco shareholders, providing insights into how recent developments may affect their portfolios. Sandy also provides an update on the MBTA Communities Act, examining its potential impact on real estate markets. The episode wraps up with closing remarks, where Sandy draws lessons for Canadian markets, offering valuable perspectives for investors looking to navigate the multifamily real estate landscape.
Key Points
- Invesco Real Estate and Bozzuto have launched a $330 million multifamily investment program with a total deployment capacity of approximately $1 billion, focusing on key East Coast markets.
- The MBTA Communities Act mandates that Massachusetts municipalities served by commuter rail stations must have at least one district where multifamily housing can be built, aiming to address housing shortages and promote economic growth.
- Fifteen Massachusetts communities have missed the compliance deadline for the MBTA Communities Act, losing eligibility for certain state grant funding opportunities but receiving a postponement on legal action until January 1, 2026.
Chapters
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Transcript
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