With both inflation and interest rates rising, following the first Federal Reserve rate hike in three years, many multifamily investors are fearful about the impact these duel forces will have on apartment cap rates, which have trended downward over the last twenty years.
In Q4 2021 apartment cap rates reached a low of 4.7%, down 30 basis points since the prior year, according to apartment transaction data tracked by Real Capital Analytics that the National Multifamily Housing Council cited in a recent post.
Just 'Aggressive' Enough
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