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Ten-X's Peter Muoio Muoio: “The downturn’s effects should not be cataclysmic for multifamily owners in most markets.”

IRVINE, CA—The Bay Area would appear to be Oversupply Central as far as multifamily is concerned. The region’s three largest metro areas—San Francisco, San Jose and Oakland—are also the three leading markets in which Ten-X Commercial research suggests that investors may want to consider selling their apartment properties, due mainly to a combination of a heavy construction pipeline and declining employment growth.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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