Special Report: How Long Will Multifamily Defy Gravity? via Commercial Property Executive

Are multifamily developers and investors getting out over their skis?

At a time of sky-high optimism in the sector, only a minority would probably answer “yes.” Yet in sizing up today’s favorable economic and demographic trends, a trio of experts grappled with that question at a national conference in Las Vegas last week.

Ryan Severino, the senior economist & director of research for REIS Inc., offered particularly strong caveats about Class A supply and demand during the annual event organized by Multifamily Executive. “It’s going to be very challenging going forward because everybody and their mother is building apartments today,” Severino warned his audience of several hundred professionals on Oct. 6. “Be careful—it’s not going to be as easy over the next four or five years.”

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