One executive panelist pretty much nailed it (pardon the pun) about the apartment development "oversupply" on the way for 2023 when speaking at this month's National Multifamily Housing Council's Apartment Strategies Conference.

"Unless there's an outside force to stop us, we're going to keep on building," Cortland CEO Steven DeFrancis said.

"There's no one in this conference today that if they were able to get the financing they need to develop, wouldn't be ready to run home and start it."

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