The multifamily asset class will remain a safe place to deploy capital despite rising rates and inflation, one industry watcher tells GlobeSt.com.
Mohsin Masud, the CEO and founder of AKRU, says multifamily will continue to be a safe place to deploy capital for four key reasons: necessity, affordability, efficiency and liquidity.
"Everyone needs a place to live. As such, they are likely to prioritize their housing costs in times of economic distress," Masud says. "We saw this during the height of the pandemic when multifamily occupancy levels stayed relatively stable when compared with office or certain types of retail properties."
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