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The market is poised to see a boom.
It also plans to open 60 new locations by 2027.
CMBS fixed-rate conduits hit 4.46% distress while Freddie Mac K-series securitizations don’t even crack 0.20%.
He also discussed the state of investment going into 2025.
The chair says not to bet on fast rate reductions.
And Wall Street doesn’t seem willing to wait and find out.
Texas, Florida and North Carolina are key multifamily markets.
Some stores are being used for last-mile delivery for online purchases.
Apartment rent hikes forecast to be 3% to 7% through 2026.
It's all about appealing to the wants of the younger generation in an expensive city.