October 19, 2022

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    Banks plan to target affordable multifamily deals

    Regional and local banks will be aggressive for multifamily deals, although watch for them to start requesting a depository relationship. Look for banks to provide lower pricing and higher proceeds in order to compete.

    Properties in the Southeast will see lots of bank dollars, as those markets are still hot. As for the rest of the U.S., banks will start targeting affordable deals.

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