Upside Avenue Adds 16.6 Acres of Land to Portfolio
AUSTIN, Texas – Dec 29, 2021 – Upside Avenue (Multi-Housing Income REIT, Inc.) announced today that during the fourth quarter of 2021, it contributed $531,483 for a minority interest in CG Sunset Land, LLC (“Sunset Land”). Sunset Land is a development project consisting of 16.6 acres of land in the San Antonio MSA area. Our […]
Upside Avenue Announces 2022 NAV Change for Multi-Housing Income REIT
AUSTIN, Texas – December 16, 2021 – Upside Avenue (Multi-Housing Income REIT, Inc.) announced today that its NAV will change from $10.00 per share to $11.47. This change will be effective January 1, 2022. The increase in Net Asset Value per share comes as a result of Casoro Group’s ability to increase net operating income for each of the assets Upside has invested in, thereby […]
Upside Avenue Successfully Liquidates its Casoro Chronos, LP Interest for 1.5x its Principal Investment
AUSTIN, Texas – December 7, 2021 – Upside Avenue (Multi-Housing Income REIT, Inc.) successfully liquidated its partnership interest in November 2021. The REIT sold its interest in the CG CAI Dallas Portfolio for $903,098.79. The partnership interest was purchased by the Multi-Housing Income REIT, Inc. in February 2020 for $600,000.00. “We congratulate and thank the whole team for this successful disposition. This is […]
REIT Investing Made Easier with New Site
Upside Avenue, an award-winning multifamily REIT, recently announced the launch of its new website. As a result, investors can learn more about REIT investing through its easy-to-understand content that includes informative graphs and data, videos, articles, and whitepapers. New site is packed full of content to help investors make an informative decision The new website […]
Multifamily Update
CoStar recently released an article reporting on the National Multifamily Housing Council’s recent webinar. Industry experts are seeing that apartment renters are paying, but some landlords say they are collecting less. NMHC’s survey reports about 90-92% of renters have been paying their rent. Asking rents are down 5%. Upside Avenue recently sat down and spoke with Chief […]
Upside Avenue Adds 737 Units to REIT Portfolio
Upside Avenue has announced the addition of 737 new multifamily units to its REIT portfolio in Houston, Texas. The Quinn at Westchase is located in one of Houston’s most prominent neighborhoods, the Westchase district. Located west of uptown and just south of the energy corridor, the neighborhood has great access to many of the city’s […]
COVID-19: Our Commitment To Our Investors
As the Coronavirus (COVID-19) outbreak creates uncertainty in the economy and among global populations, our commitment is to keep you informed on the health of your investment with us. Upside Avenue is in a strong position to weather a recession – we’ve added eight properties to our portfolio in the past year and averaged a 5.73% annualized […]
Upside Avenue Adds 1,070 Units to REIT Portfolio
Upside Avenue REIT Announces 7% Annualized Dividend
We are passionate about multifamily real estate, and it shows. Thanks to our experienced team of experts, Upside Avenue has grown its portfolio of high-quality multifamily properties in Texas. The result is strong quarterly returns for our investors. Upside Avenue issued a 7% annualized dividend, gross of fees, to shareholders on record as of the […]
Upside Avenue adds two properties to its REIT portfolio
