The Federal Reserve Bank is expected to continue to raise interest rates this year and next.NEW YORK CITY–What will it take to for the seemingly indefatigable multifamily asset class to lose steam? Slowing rent growth in many markets due to high supply hasn't had much of an impact so far this year. According to Real Capital Analytics, multifamily sales volume for the first half of 2018 was $69.8 billion, a 7.7% year-over-year increase. Meanwhile, some $250 billion has been earmarked for continued investment in the sector, according to an Real Capital Markets survey.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
