“If 1,000 people are moving to Miami a day, no one can create 1,000 new units in multifamily per day. There is opportunity out there. You have to pick your spots,” one panelist said.
As cap rates continue to stay low and capital flows into multiple asset classes and property types, there are many emerging opportunities to take advantage of in the U.S. multifamily sector, according to lending and capital expert panelists at the GlobeSt. MULTIFAMILY Conference.
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