Apartments are the place to be, according to investors polled in CBRE's Global Investor Intentions Survey.
Its "Midyear Pulse Check: U.S. Multifamily Market" report laid out the most common concerns in commercial real estate overall – interest rates, credit availability, state of the economy – but for the first time, the survey taken in late 2022 said that they would target multifamily properties more than any other property type.
Nearly 70% of those operating in the Americas said they expected to keep their allocation to real estate about the same in 2023. Another 20% said they expected it to increase.
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