January 16, 2023
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Condo lending will be harder to come by this year
Condo lending will be challenging and extremely location specific this year. Unknown hard costs, time delays and the ability of buyers to get financing will all hinder the sector. Count on the debt fund and private money lenders to be the most active, while most of the major money-center banks have pulled out of the More
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What to expect in Multifamily in 2023: Strong fundamentals, cooler market
The multifamily market remains fundamentally strong, but will be significantly slower in the coming year. Multifamily, especially the apartment sector, started 2022 in a strong position, with market momentum continuing from 2021, which was the best year in the apartment industry’s history, according to a report by the National Apartment Association. However, by third quarter More
