Despite Pressures, Multifamily Still A Hot Commodity

BOCA RATON, FL—In terms of multifamily investment activity and trends, this is the most interesting market most industry players have seen in quite some time. So said Daryl Carter, chairman and CEO of Avanath Capital Management, at the NMHC Apartment Strategies Conference, held here immediately preceding the organization’s annual meeting this week.

Carter was the moderator of “The View from Investors,” where decision makers from some of the biggest multifamily investment firms shared their views on the market. Speakers included Kees Bruggen, managing director of Stonebridge Investments; Terri Herubin, portfolio manager for Cornerstone Real Estate Advisers LLC; Michael Katz, co-CEO of Sterling American Property Inc.; and Ella Shaw Neyland, president of Steadfast Income REIT.