While multifamily was one of the "hardest hit sectors," during the pandemic, according to DLA Piper Global Real Estate's 2021 Annual State of the Market Survey, it's coming back.
"Multifamily, affordable housing and hotels/lodging have gained significant momentum, with 49%, 32% and 22% of respondents, respectively, finding them attractive for investors," the report says.
Like any data analysis, though, concepts as totals, averages, and medians can cloud views because they flatly treat everything as similar. But in the topography of commercial real estate, there are many bumps and dips.
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