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BBG director addresses strong housing demand in U.S. multifamily market
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Monday, September 20, 2021
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Surging rental rates, dwindling inventory of single-family homes and apartments, low-interest rates, higher construction costs and brisk demand for housing nationwide are driving the multifamily sector’s stellar performance during the pandemic, according to BBG Southeastern region Senior Managing Director Grant Griffin.
In a recent article, Griffin noted compression in cap rates for this property sector is one attributing factor.
Read on for more insight.
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