Multifamily property ownership and management looks radically different in a post-pandemic landscape than it did just a few short years ago, industry experts at this month's GlobeSt Multifamily conference agreed – and many of the changes are likely to persist.
"COVID has been a game changer for multifamily because it's changed how people lived their lives," said Roger Daniel, president of Daniel Management Group Inc, adding that "the post-COVID landscape has made multifamily more valuable than ever."
"People are spending more time in apartments," he said. "There may have been a dip in some rents for awhile, but most markets are at or above what rents were prior to COVID."
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