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This Week's Most Popular

Multi-Family Demand Surges Amid Turbulence in Mortgage Market

Published Wednesday, November 07, 2007

Apartment properties remain one of the strongest investments in the commercial real estate market, says Brian McAuliffe, managing director and chief investment officer with RREEF Alternative Investments. Demand for multifamily housing has surged as potential homebuyers face tougher mortgage requirements, higher debt payments and declining home values, McAuliffe said at a seminar on capital markets and investment trends at the fall meeting of the Urban Land Institute in Las Vegas. He anticipates more construction of garden apartments nationally because commodity costs for lumber and drywall are coming down with the drop in home construction. “That is the sector ...

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