The multifamily sector has had an uphill climb over the past year. Rent growth has slowed and supply has exploded giving tenants more leeway in where they choose to live. And like the rest of the commercial real estate sector, property owners are facing higher interest rates on debt coming due that had been underwritten in a different environment.
Still, multifamily remains a solid favorite for investors. Despite the current headwinds, it is widely assumed that these are transitory and that its fundamentals remain sound for the long run.
With this in mind, GlobeSt. is once again shining a spotlight on some of the biggest influencers across the sector.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
