Doug Ressler, Director of Business Intelligence at Yardi-Matrix, appears on America’s Commercial Real Estate Show to discuss trends in the multifamily market, including market fundamentals, demographic trends affecting multifamily fundamentals, and opportunities for multifamily in growing markets. He first discusses general trends, generally predicting a firm market in the near term. He feels rental rates will continue to increase, forecasting specifically 2.8%, 2.77%, and 2.44% rental growth for 2019, 2020, and 2021, respectively. He also feels cap rates will remain on the low side, noting that U.S. Treasury Bill rates, in his opinion, just haven’t moved enough to have any real effect.