This is the web version of a feature that originally appeared in Real Estate Forum magazine. To see the story in its original layout, click here.
Not to state the obvious, but multifamily is a significant asset class for commercial real estate. Its fundamentals have remained solid, even as the new supply coming on line has helped to tamp down rental rates. For that, we can thank the enthusiastic demand for the apartment living
But multifamily is more than a simple story about supply and demand, rental rates and vacancy levels. It is also about the product and the dynamics behind it, such as that product's related services and amenities. Not to mention its unique capital market environment; no other asset class has the solid financial backing that Fannie Mae and Freddie Mac provide.
In the following pages you will read about people who know full well these fundamental truths about the multifamily story. These people—our selection of this year's multifamily influencers—have long grasped the complete picture of multifamily's role in society and have forged ahead to offer such projects as affordable housing, luxury apartments and everything in between.
They have done so by harnessing their green prowess and what they know that resonates in design. They are savvy financiers, leveraging the GSEs to the greatest extent possible. Most have proven to be quite prescient, remaining a step ahead of the current cycle, focusing on, say, certain second or third tier markets or pushing resources into an adaptable reuse project long before the concept became in vogue.
Indeed, you could say that multifamily's story wouldn't be complete without these influencers playing the main characters.
Click below to see Real Estate Forum's Multifamily Influencers in each category.
|Individual Professionals
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Sule Aygoren
Aygoren oversees the editorial direction and content for ALM’s Real Estate Media Group, including Real Estate Forum and GlobeSt.com. In her tenure with ALM, she’s held roles of increasing responsibility, including Managing Editor. Aygoren has received several awards for her coverage including Best Trade Magazine Report from the National Association of Real Estate Editors and the James D. Carper Award for Young Journalists. Under her direction, Forum has received four national NAREE awards for Best Commercial Real Estate Trade Magazine.
