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Are cap rates on value-add deals coming down? That was one of the many topics of discussion at the recent Crittenden National Real Estate conference this week.
At the Crittenden National Real Estate Conference yesterday, panelists fear rising construction costs, rent control for California and a supply constrained market, but say housing cycle could go much longer this go around.
With the increase in supply for multifamily product, property managers are finding unique ways to curb competition at the property level to drive value for owners.