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The past several years have been a smooth ride for the apartment industry. Yet multifamily players now have mixed feelings about where the road ahead will lead.
CHICAGO—The desire for people to live close to their workplaces has helped spark a lot of development near the CBD, but some developers are launching big projects in the suburbs.
ATLANTA—“This increase in borrowing costs is particularly relevant for private equity-backed and sub-investment grade companies, which often use or have more leverage.”