BofI Federal Bank is one of our Thought Leader partners on Multifamily Leader. Morgan Ferris, senior vice president income property lending, talked to us about where he sees the multifamily market going for the coming year. He loves the West Coast, New York City, Boston, Washington DC, Denver, and Salt Lake City as the leading markets. He also sees BofI having a "breakout year."
GlobeSt.com: Is multifamily cooling down or are we still having a boom?
Morgan Ferris: Multifamily is always going to be here. As you can see in the marketplace right now, many lenders have tried to get in the space. There are competitors that were out of the market for a while and new competitors. I see it continuing. There's still growth in the space to continue.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
