When asked to make predictions about what's coming next in the apartment James Flynn, CEO of Lument, admits that his crystal ball has been a little "foggy" the last couple of years with concerns about the economy, inflation and apartment prices.
And that was before COVID-19.
While Flynn notes that there has been a shift since the pandemic started and the apartment market won't grow at the same rates it has over the last decade, he still likes the sector's supply-and-demand fundamentals once the COVID situation is settled.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
