Chris Macke Chris Macke is the managing director of research and strategy at American Realty Advisors.

As we find ourselves later and later in this cycle, multifamily housing investment is only growing in popularity—because it tends to be more resilient during a downturn. American Realty Advisors, seeing that the market has adjusted to the glut of new construction that has come onto the market in the last year, is recommending a strategic in allocations for core multifamily housing.

“First, decreasing multifamily construction activity in select areas, rising mortgage rates and home prices, and reduced benefits of homeownership create an increasingly favorable supply-demand environment going forward,” Chris Macke, managing director of research and strategy at American Realty Advisors, tells GlobeSt.com. “Second, multifamily is a good late-cycle property sector having generally outperformed during downturns and importantly, during the early stages of subsequent recoveries.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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