LAS VEGAS—Multifamily, multifamily, multifamily. The asset class is dominating the commercial real estate market, and for good reason. Soaring demand since the great recession has created steady—and in some markets extreme—rental growth, as well as ample opportunities for investors. At the recent Lee & Associates broker's summit in Las Vegas, we sat down with multifamily experts Warren Berzack, national director of multifamily advisory and a principal at Lee & Associates, and Brian Pohl, a principal at Lee & Associates, for an exclusive interview to talk about the market.

In the interview, Berzack and Pohl say that the strong rental demand should keep the market active for the foreseeable future. Although the multifamily market is getting more competitive and yields are compressing, investor demand and sales activity are remain strong this year, according to Berzack.

If the two experts have any concerns, it is the massive development of class-A luxury apartments, which could serve to dampen demand as rental rates continue to climb; however, their outlook for the next 12 to 18 months remains extremely positive.

Press play to find out more about the robust multifamily market.






LAS VEGAS—Multifamily, multifamily, multifamily. The asset class is dominating the commercial real estate market, and for good reason. Soaring demand since the great recession has created steady—and in some markets extreme—rental growth, as well as ample opportunities for investors. At the recent Lee & Associates broker's summit in Las Vegas, we sat down with multifamily experts Warren Berzack, national director of multifamily advisory and a principal at Lee & Associates, and Brian Pohl, a principal at Lee & Associates, for an exclusive interview to talk about the market.

In the interview, Berzack and Pohl say that the strong rental demand should keep the market active for the foreseeable future. Although the multifamily market is getting more competitive and yields are compressing, investor demand and sales activity are remain strong this year, according to Berzack.

If the two experts have any concerns, it is the massive development of class-A luxury apartments, which could serve to dampen demand as rental rates continue to climb; however, their outlook for the next 12 to 18 months remains extremely positive.

Press play to find out more about the robust multifamily market.






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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.