LOS ANGELES-With multifamily being so hot, do capitalization rates mean the same thing that they used to years ago? That was a question discussed here recently at the RealShare Apartments 2012 conference. Bob Hart, president and chief executive office of Kennedy Wilson's KW Multifamily Management Group moderated the panel, which included Stanford Jones, executive vice presidents of investments at Institutional Property Advisors; Laurie Lustig-Bower, executive vice president, CBRE; Kitty Wallace, executive vice president, Colliers International; David Young, managing director, Jones Lang LaSalle; and Dean Zander, senior partner, Hendricks & Partners.
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