Deal flow for the multifamily asset class has officially hit record levels, as increased competition for assets is pushing investors into smaller markets.
New research from Marcus & Millichap notes a “historic level of trading activity” in 2021 after a 22% contraction the year before. Deal velocity for apartments at $1 million and above rocketed up 50% in 2021, while rents grew by double digits.
Read more...Deal Flow For Multifamily Hitting Record Levels via GlobeSt
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