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With the election behind us and the promise of a vaccine—or several—coming to market, lenders are preparing fore healthy capital allocations next year.
Multifamily market sentiments have risen from recent lows but lenders rank its performance higher than most other forms of commercial real estate despite persistent headwinds and ongoing uncertainty.
Surges were mainly concentrated in smaller markets, supporting previous data illustrating an exodus by many home buyers and renters from urban markets into the suburbs.