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Multifamily Delivered Yet Another Eye-Popping Quarter

Meanwhile, office continues its bumpy ride.

By Lynn Pollack | July 07, 2022 at 08:06 AM

Preliminary trends for the apartment sector in the second quarter showed the asset class climbing to new heights, while office continued its COVID-initiated “bumpy ride.”

That’s according to Moody’s analyst Lu Chen, who notes in a new analysis that despite increasing geopolitical tension and hawkish policies from the Federal Reserve, the sector delivered another quarter of record growth in Q2.

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