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Multifamily Roundtable: Fewer Deals But Little Distress

September 18, 2020

Multifamily has traditionally been a safe harbor for commercial real estate investors. When all else fails, the American consumer needs a roof over their head. For many, by choice or necessity, that will be an apartment. Meanwhile leases are short, promising steady rent growth.

But not even this formidable asset class could withstand a pandemic and massive job losses without impact. Multi-Housing News checked in with three industry leaders—one portfolio manager specializing in housing and two multifamily research experts—to find out what the multifamily pain points have been, and, since we are not out of the woods yet, what they could be in the coming months.

Participants in our roundtable discussion were James Martha, head of housing sector in the Americas for Nuveen; Jeanette Rice, head of multifamily research in the Americas for CBRE; and John Chang, national director of research services for Marcus & Millichap.
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