➤➤ Join the GlobeSt.APARTMENTS (formerly RealShare) conference October 29-30 in Los Angeles. The event will analyze the opportunity in the emerging trends and conditions of the multifamily market. Don't miss out on joining the 1000+ of the industry's top owners, investors, developers, brokers and financiers as they gather for THE MULTIFAMILY EVENT OF THE YEAR! Click here to register and view the agenda.

NEW YORK CITY- Small multifamily assets with 5 to 50 units and under a $10 million sales price could solve the country's affordable housing crisis. And not only do end-users desire the asset type, but a diverse range of investors view it as a sustainable investment amid shifting market fundamentals and operational changes.

Driving this trend from an investor and end-user perspective are the evolving needs of Millennials as they age-up and start families, and investors, who are moving into the small multifamily asset class to stock their portfolios with the deemed recession-proof offering, industry players tell GlobeSt.com.

Small multifamily investment sales are on track to exceed the 2016-2018 annual average of $12.8 billion in investment volume, making it the second consecutive strongest year for small asset investment volume. Thus far, H1 2019 total sales reached $6.4 billion and will continue to increase because of low-interest rates, and attributable to healthy property market fundamentals, investors' search for new investment opportunities, new buyers entering the market and attractive financing options, according to CBRE data.