Investment returns on multifamily fell from 2.50 to 2.48 in the third quarter of 2013, according to the National Council of Real Estate Fiduciaries (NCREIF).
Returns from commercial real estate as a whole, however, increased to 2.57 percent.
Multifamily loan originations index fell 20 percent from 224 to 187 in the third quarter, according to Mortgage Bankers Association (MBA). The index is still higher than the 182 index in the third quarter 2012.
Read more...APARTMENT MARKET STATISTICS: January 2014 | Multi-Housing News Online