LOS ANGELES—With interest rates skyrocketing, and a looming recession at our doorstep, the dream of owning a home seems further out of reach than ever before, however, these economic shifts have also further sealed the success of the single-family BTR Market.
According to insights shared during a single-family panel held on a Monday afternoon at the GlobeSt. Multifamily Fall Conference, the BTR market is brimming with abundant opportunities.
Trevor Koskovich, president of Northmarq and a panelist, acknowledged the challenges within the market, noting that the BTR segment is no exception. He remarked, "Projects that are progressing are those where sellers have navigated unique equity situations, but overall, transaction volumes have seen a significant decline, and we've observed an uptick in capitalization rates."
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*May exclude premium contentNatalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
