Multifamily Sales Slow So Far This Year But Experts Think That Will Change
As featured in "GlobeSt.com"
Richard Berger, GlobeSt.com, 6 February 2024
In a recent article published by GlobeSt.com, Graham Sowden, Chief Investment Officer of RREAF Holdings, discusses the potential sales trends within commercial real estate for the upcoming year.
“Although in 2023 project completions far outweighed net absorption across the United States, it is our opinion that with construction starts dropping severely over the past 18 months, demand will outweigh new supply in 2024 and 2025. This will allow vacancy and rent trends to normalize over the next 18 to 24 months.”
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