The good news is that the markets with the most new construction will be able to handle the resultant vacancy challenge. The bad news…well, according to Marcus & Millichap’s Adam Lewis, there isn’t any.
Necessity, affordability, efficiency and liquidity are all key drivers for investment in the multifamily space, says AKRU’s Mohsin Masud.
In some markets, demand has “fallen off a cliff” and some employers “hoping for a recession.”
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