Multifamily Transactions Plummet to Pandemic-Era Lows: Understanding the Trend
Challenges in Today’s Multifamily Market
“Interest rates and economic challenges have led to a significant drop in multifamily deals.”
Our Take
We agree with the authors: “The decrease in sales volume is likely due to investors channeling more funds into these new developments.”
New development is what we do. Let’s talk!
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Source: CRE Daily and RealPage.com, May 22, 2024