Boston Capital and IAM multifamily values

Using the reasoning that in America, residential property is required in good times and bad, ABC International Bank's Islamic Asset Management (IAM), together with Boston Capital, has launched the first Islamic multifamily property development fund in the US. The article discusses the trends in the US real estate market. Given the recent increase in investment funds targeting US real estate assets, realty developers seem to be getting used to Islamic finance structures such as ijara.