Multifamily Not Overheating...Yet

PHILADELPHIA-Multifamily could face some headwinds if there is too much development and the single-family housing market bounces back strongly, but it's performing strongly right now, says Equus' Pasquarella.

By Ian Ritter | March 08, 2013 at 11:57 AM

PHILADELPHIA-There are concerns about the multifamily sector overheating, but it hasn't happened yet, says Art Pasquarella, COO of Equus Capital. He spoke with us at the recent RealShare Philadelphia conference.

Pasquarella also touched on:

The possibility of overbuilding in multifamily, and that it hasn't happened yet.
Competition from the single-family market.
How the Philadelphia market sizes up compared to the rest of the country.

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