This year, multifamily activity has slowed slightly, but there is still an abundance of capital in the market looking to invest in multifamily—and all asset classes. The abundance of capital in the market is driving activity and values up. To find out about the capital markets climate today for multifamily and get a look ahead, we sat down with Gary Tenzer, co-founding principal and managing director at George Smith Partners, for an exclusive interview.

GlobeSt.com: What is lender appetite like for multifamily deals?

Gary Tenzer: Yes, for multifamily and for everything. There are so many new funds formed every day that have money for different asset classes. There is an abundance of capital, and it is fueling values. That is why values are so high, because the market is awash with money.