As 2015 dawns, many multifamily investment professionals are letting out long and heartfelt sighs of relief as the heady days of the recession finally fade into the rearview mirror.
The engine of the U.S. economy is once again a shining example to the rest of the world. Public indices are breaking records, housing starts are increasing, unemployment is decreasing, and consumer confidence is high.
With all this positive news, multifamily investors may be tempted to view the future with rose-colored glasses, but, first, they have to consider an approaching specter of the past: a 72% increase in loan maturities in 2015, mainly driven by the easy credit boom in 2005.
Read more...Loan Maturities Loom for Multifamily Financing | Multifamily Executive Magazine
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