Regional Developers Get Financing
NEW YORK CITY-Some regional developers are getting financing, but mainly only in the multifamily sector, said Stephen Duffy, managing director at Moss-Adams Capital. In a conversation with GlobeSt.com's Ian Ritter he revealed that most new development is still only taking place in large primary markets.
They also talked about:
- The popularity of multifamily in tertiary markets.
- How the housing market impacts the multifamily sector.
- The possibility of multifamily oversupply.
Catch gubernatorial candidate Rob Astorino as the keynote speaker at RealShare NEW YORK on October 9 at the Roosevelt Hotel in Manhattan. Register today to register. Don't miss this rare chance to hear a candidate address commercial real estate in New York.