Jeff Erxleben featured in Real Estate Forum: Capital’s search for a home
By all indications, the strength of multifamily fundamentals and demand will continue, likely leading to a healthy and active year—but it isn’t all good news. While capital sources on both the debt and equity sides are continuing to allocate funds for multifamily, they’re struggling to find quality opportunities. Pricing and compressed cap rates are behind the dearth of deals. Meanwhile, the new tax code, rising interest rates and reduced caps from the agencies have created even more questions about what to expect this year. Read the full story here.
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