Nov
05

Multifamily Execs See Investment Activity Improving

By
– Loopnet

Investment-sales activity is picking up in the multifamily sector as financing has become more available, according to senior executives of apartment companies.

However, demand from tenants has continued to weaken, according to executives surveyed by the National Multi Housing Council.

“The transactions market may finally be thawing,” said Mark Obrinsky, chief economist of the Washington, D.C., group, which represents the nation’s largest multifamily firms.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.loopnet.com/xnet/mainsite/news/news.aspx?DocID=10564&sourcecode=1lntd009
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