The US multifamily market should remain healthy for some time, thanks to an ongoing economic recovery, the availability of capital and a good rate of return compared to other investments.
However, investors need to be wary that new multifamily construction doesn’t outstrip demand, that the Federal Reserve may raise rates, and that pent-up desire for home ownership doesn’t cause a shift in vacancy rates.
That was the consensus derived from Marcus & Millichap’s Apartment Market Overview and Outlook, a webcast presentation that took place today.
Read more...Marcus & Millichap Touts Sector Outlook in Webcast - Daily News Article - GlobeSt.com
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