At the CREFC (Commercial Real Estate Finance Council) January Conference 2023, stakeholders in the multifamily market discussed, among other topics, their expectations for the coming year. Despite the forecasted recession, most seemed cautiously optimistic, and projections were far from dire. Our own observations of the multifamily market align with this perspective.
In this Globe St. article, Partner Valuation Advisor’s Scott Belsky discusses rising interest rates, the impact on rental demand, and Fannie/Freddie multifamily outlooks for 2023.