From Miami to Tampa and beyond, there is a significant new pipeline of multifamily units on the Florida horizons. At the same time, sales transactions continue to move quickly for rightly-priced properties. Will that change in the face of rising interest rates?
GlobeSt.com caught up with Nat Barganier, managing director of Investment Services, and John Stone, principal and managing director of Multi-Family Housing, of Colliers International Tampa Bay, to get their take on that question. Barganier and Stone recently produced a report on “Rising Interest Rates and Multifamily Values."
GlobeSt.com: Have higher interest rates had an impact in recent weeks on multifamily sales or development?
Read more...How Rising Interest Rates Are Impacting Multifamily - Daily News Article - GlobeSt.com
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