The long-time, high-flying multifamily housing sector appears on the brink of hitting a down cycle that’s “overdue” – if it’s not already here – according to Phyllis Klein, senior vice president, head of agency production at Capital One.
Klein was part of a panel hosted by Investors Management Group, (IMG), which included three of the nation’s leading experts in real estate investment and lending for a private event in Portland, Ore.
Read more...Multifamily’s Imminent Down Cycle Is Overdue via GlobeSt
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