After a lengthy slog, interest in dealmaking for multifamily companies has picked up considerably, according to a panel of apartment executives and analysts at the Blueprint conference this week in Las Vegas.
John Ensign, President, MRI Software, said he's had about 15 deals put on his desk in the past six weeks after only getting about one per month during the rising inflation rate environment of the past year or so.
"The Fed's rates took a lot of buyers out of the market," he said.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
