Multifamily’s Imminent Down Cycle Is Overdue
Industry-leading experts agree ‘it won’t be an easy time,’ but forecast continued resiliency in apartments.
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.