Regional Developers Get Financing

NEW YORK CITY-So far, though, says Moss-Adams' Stephen Duffy, it is limited mainly to the multifamily sector.

By Paul Bubny | July 08, 2011 at 02:54 PM

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.

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Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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