Nov 02, 2022 - 0 Comments - Multifamily Property -

Video: RealPage Senior Manager Market Analytics Carl Whitaker Updates on Multifamily Performance, Forecast

Carl Whitaker, Senior Manager Market Analytics with RealPage, joins America’s Commercial Real Estate Show host Michael Bull to share recent performance variances as well as projections for (multifamily) performance and cap rates going forward. This is the latest in an ongoing series of discussions over time by Carl on multifamily properties. All the disruption over the past couple of years makes this one of the more interesting discussions in this series in a while.

Carl discusses how some of the multifamily driving recent trends appear to be normalizing, and how some of recent strength may have been borrowed from future years. On a local basis, this reminds me of something I say to people about the effect of the pandemic on Miami; it is as if everyone that was planning on moving here in the next few years woke up in the pandemic and decided to go ahead and move. He continues on to discuss various metrics and drivers of multifamily.