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Multifamily Activity Begins to Slow

Multifamily expert Dana S. Brody, who recently joined JLL, talks about the multifamily market and why cap rates will stay low for the foreseeable future.

Dana S. Brody Dana S. Brody

Multifamily activity has become a constant this cycle, but deal volume started to slow this year with fewer and fewer available opportunities. Despite the slowed growth, multifamily has remained strong, and in response to the tremendous activity, JLL has expanded its multifamily team with the addition of real estate veteran Dana S. Brody. Brody joins the firm as SVP in the downtown office and will focus on multifamily investment sales. We sat down with Brody to get her view on the market today and her outlook for the next 18 months.

GlobeSt.com: The Los Angeles multifamily market is continuing to be strong. What are the major drivers of this market, and have they changed at all in the last few years?

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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