The first way on our list of how to find owners of multifamily properties is to search local property tax records. As you may know, anyone who owns real estate should pay taxes for it. Therefore, you should be able to find information about the ownership of the property at the local tax advisor's office. Many people start a search for owners of multifamily properties by reviewing local public records because there is no fee to access them.
Plus, before the proptech days, they were actually the most reliable option. There are several ways to optimize the performance of your building, regardless of your budget. Integrating energy-saving solutions into your multifamily property can generate long-term savings and year-round convenience for residents. Invest in multifamily properties with all the necessary information at your fingertips.
Improve your investigation with accurate property records and detailed property data. You could also identify owners of multifamily properties by contacting the local Chamber of Commerce near the property in question. You can monitor things like building permit violations or delinquent properties, which could present an opportunity for an investor, developer, or even a lender willing to refinance a property at a better price. Commercial real estate brokerage firms can also provide great value to those seeking information about multifamily property owners in any geography.
Let's take a look at how you can locate multifamily owners using public records, Reonomy, and a few other sources, such as local chambers of commerce and brokerage firms. For example, if a commercial solar panel installer is interested in doing business between owners of new multifamily properties with at least 50 units, they can search the building department's records to see what permits have been issued recently. For example, Zillow can be used to search for recently sold multi-family properties whose new owners may need property management, landscaping, HVAC, and other maintenance services. The National Association of Home Builders has a Multifamily Council that represents members who develop multifamily housing of all types.
JLL brokers are a great resource for those interested in finding information about multifamily ownership in any geographical area. All of these real estate professionals are actively looking for new multifamily businesses, so they all need to be able to find and contact asset class owners. Whether you're interested in properties that haven't sold in a defined number of years, that are lien free, or have a specific amount of debt, you can easily create customized lists of off-market property owners and communicate with them directly. ProspectNow is an online database that provides information about multifamily homeowners, including their contact information.
To find the real owner of this multi-family property, you'll need to take your search one step further. Deeds and property evaluation cards are generally the two public record documents that can help you identify the property behind a multifamily property.