“The market will continue to grow, pending the tide of interest rates. Due to stronger financial safeguards in place from the federal government and lenders, interest rates may remain low for a longer period of time.” That is according to Janet Neman, senior managing director of Charles Dunn Co. in the Century City, CA office.
With this in mind, she says, as well as the compressed supply in developed metropolitan areas, “we can expect sale prices to keep rising for the foreseeable future.”
We chatted with Neman and other key industry sources on what is in store for multifamily’s future as part of GlobeSt.com’s 15th anniversary celebration.
Read more...Multifamily Sales Prices to Continue Rising? - Daily News Article - GlobeSt.com
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