Ten-X’s most recent Auction Insights report explores the current state of the multifamily sector, shaped by these key trends:
- Rising interest rates
- An influx of new housing stock
- A historically high volume of simultaneously maturing loans
“Multifamily has been propelled by tailwinds over the last few years, but external factors such as continued interest rate hikes and reduced loan to value by lenders have led to cap rate compression and have prompted a re-evaluation of the sector,” said Steven Jacobs, Ten-X President. “What we’re seeing on Ten-X is not that investors are backing away from investing, but they are being more conservative.”
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