What’s that Apartment Building Worth? Fewer Multifamily Transactions Drive Market Uncertainty
By
Xander Snyder on May 15, 2024
It’s hard to know what apartment buildings are worth nowadays. With multifamily transaction volume at its lowest point in four years, comparable transactions, or “comps”, which are often used as a reference point to estimate value, are few and far between. The limited availability of comps increases the uncertainty of property valuation estimates. ...
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Commercial Real Estate multifamily market Potential Cap Rate Model Multifamily
Why the Dip in Multifamily Transactions may be Short-Lived
By
Xander Snyder on February 13, 2023
The rapid change in the macro-economic environment has resulted in some dire forecasts for multifamily. Higher interest rates, a slowdown in household formation rates from the heady pandemic-era pace, decelerating rent growth,and increasing vacancy rates have already sapped trading activity. In terms of multifamily transaction volume, the fourth ...
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