LOS ANGELES—Investor competition is slowly pressing multifamily cap rates down, according to John S. Sebree, director of Marcus & Millichap's national multi housing group, who adds that multifamily is still an incredible investment class. At RealShare Apartments, Sebree sat down with us for an exclusive interview to talk about multifamily market trends, including:

- A multifamily market snapshot

- Challenges in the market

- A forecast for the next year

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.