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RealShare EXCLUSIVE: Multifamily Investors Like B Product

MIAMI-But There's a growing fear of that the peak may be over. Second of a two-part series on this week's RealShare Multifamily Investment & Finance Conference.

By Stacey Corso | Updated on May 20, 2005

Stacey Corso , editor of Real Estate New York, is also co-editor of MULTI HOUSING forum.

MIAMI-”I’m bullish on the multifamily market,” Linwood Thompson, head of Marcus & Millichap’s National Multi Housing Group in Atlanta, told a crowd of nearly 200 people in attendance at the second annual RealShare Multifamily Investment & Finance Conference. The event took place Wednesday and Thursday at the Biltmore Hotel in Coral Gables, FL.

From a macroeconomic perspective, Thompson said the national multifamily market is in for “a real growth spurt.” The prime drivers would be rising demand from growing states such as Florida, Texas and California, where an influx of immigrants by the year 2012 is expected to bolster demand significantly for both rental and for-sale housing. Thompson said that despite the recent recession, he doesn’t envision inflation rising substantially.

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