The End of the Beginning
While other segments of the multifamily market are dealing with oversupply and rising vacancy rates, the affordable multifamily sector is experiencing steady demand. This can be seen in moderating construction costs, completed deal volumes, and stable vacancy rates.
Looking ahead, affordable multifamily housing is poised to continue delivering value. The ongoing demand for affordable units, combined with the sector’s proven resiliency, make it an option for investors seeking reliable returns and positive impact. As the multifamily market watches with the possibility of the Federal Reserve cutting interest rates as early as September, affordable housing is proving to be a sustainable choice for those focused on long-term success.
To learn more, we invite you to read our full quarterly market commentary here.