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But values are still at a near record high.
Identify regulation-friendly locations before putting the lid on a deal.
The National Multifamily Housing Council warns of a problem, but the extent isn't clear.
Since 2017, the only lower point was Q1 of 2020.
The issues are classic, the need to solve them modern.
Builders may be asking for something the Biden administration can't provide..
And how long can renters pay for ever-increasing rents?
According to KPG Funds, the trick can be finding the specific submarkets in a city that offer the right opportunity.
But a new analysis from First American Financial Corporation suggests that there's a bottom to cap rates the industry is reaching.
Also, floating rate deals grow while demand for fixed-rate loans drops.