The multifamily sector entered the pandemic on solid footing, and despite challenges brought on by the pandemic, it has the potential to continue to outperform in the years ahead, according to Investcorp.
Despite treasury yield increases, apartment cap rates are projected to stay low in the next couple of years, supporting an increase in capital values.
"The economic recovery continues in earnest, but this is raising questions about quite how transitory the current high rates of inflation are," wrote Michael O'Brien Co-Head of Real Estate North America, Head of Residential Vertical, at Investcorp.
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