3 Areas to Focus on in the Current Multifamily "Goldilocks" Market

by Donald Davidoff | Jan 12, 2018 12:00:00 AM

The multifamily real estate market has softened some over the last few years, but 2017 was again a highly profitable year and there is reason for continued optimism in 2018. There was a common theme of concern coming into last year that, after several years of record rent growth, 2017 would see a pullback. While ‘17 hasn’t maintained the previous pace, rent growth has maintained historical averages with growth hovering between 2.1 and 2.5% and ending December on a high note. As an aside, I have to share that while we often talk about historical averages, last year was unique because it actually delivered pretty much exactly the historical average, and with remarkably low volatility throughout the year.