Karine Blanc – Multifamily 2020 Predictions

Karine Blanc – Multifamily – “With interest rates at historical lows, multifamily will continue to trade aggressively in 2020. The low cost of borrowing has allowed new investors easy entry to the multifamily market. The competition between new and seasoned investors has put pressure on supply, causing a premium on multifamily properties. On the other end, the sector has started to see a slowdown in rent growth. This is expected as rent growth has been outpacing wage growth for quite some time now. Both of these trends will likely continue for the rest of the year with no major swings in this sector anticipated.”