Multifamily has been the darling of commercial real estate for more than a decade, and the pandemic has only served to renew investor confidence in the asset class. As a result, there is record competition in the space. To win deals and provide a certainty of close, investors are more regularly using nonrefundable offers.
Read more...A Surge In Nonrefundable Offers on Apartment Deals Highlights Strong Competition via GlobeSt
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