Multifamily should be set for a strong 2022 if Berkadia's mortgage bankers and investment sales advisors are right in their responses to the company's 2022 Outlook Powerhouse Poll, as 82% think demand will continue to rise.

"If that continues to be the case, this sector will continue to perform the way it's been performing in what has been a really interesting two years, when you look at forbearance and the headwinds that were there," Ernie Katai, executive vice president and head of production at Berkadia, tells GlobeSt.com.

"I feel like New York City, Chicago, and the big metros, are starting to have interest in them again," Katai says. "Another big number that jumps out at me is suburban is still the location of choice, at 94%. I think that's impressive. But when you break it down, you get increased square footage, lower prices, and amenities like green space that are really hard to come by in the big city. And 61% of our investment salespeople [expect the highest activity] on secondary markets."