Buyers will be out in force in 2020. That was the emphatic message delivered by attendees who took our annual survey at the GlobeSt. Apartments Conference in Los Angeles late last year. In 2018, just 19% of the respondents to the annual Capital One survey said they anticipated primarily being buyers during the following year. In fall 2019, 74% declared their intention to focus on adding to their holdings.
There are multiple reasons for the pendulum to have swung so abruptly.
Read more...Multifamily Investors Are on the Hunt in 2020 via GlobeSt