Multifamily Market Will See More Sellers in 2015
There will be more net sellers in the multifamily sector in 2015 than last year, according to a recent Capital One Multifamily Finance survey. The survey results suggest this year will be a more active one than 2014, which saw $112.4 billion in multifamily transactions of $2.5 million or more.
Industry experts say the increased number of sellers indicates an expectation of change in market conditions, and a solid majority of those surveyed believe we are nearing the end of the current market cycle.