Donald J. Trump

MIAMI—There was no lack of speculation about how a Trump presidency would impact the commercial real estate market, through taxes, foreign investment, infrastructure projects or otherwise. GlobeSt.com caught up with Blake Okland, vice chairman and head of US Multifamily for ARA, a Newmark Company, to get his take Trump's impact on US multifamily in his first six months as well as international capital flow into the segment.

GlobeSt.com: How has the Trump administration influenced international investment in US real estate as a whole? Multifamily?

Okland: Last month an Israeli investor told me the “US is far and away the most desirable market—and I never thought I'd day that with a man named Trump in the White House.” That said, interest rates have stabilized after a bit of capital markets fluctuation between the election and inauguration.

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