Last Updated: October 28, 2012 03:15pm ET
VIDEO: Multifamily: Overheated Darling?
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CHICAGO—Is the heyday of multifamily as the darling of the CRE industry over? No way, says John Sebree, vice president and national director of multihousing for Marcus & Millichap. Sebree shared his outlook for the market sector with GlobeSt.com content director John Salustri during RealShare Chicago.
But what about the predictions that the market is set to overheat? And how will the slow recovery of private-home sales impact the sector’s future? No worries, says Sebree.
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