The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Friday, September 9, 2022
Colliers Q2 Capital Markets Snapshot: "There are many reasons to be bullish on multifamily"
Though cap rates are rising and per-unit prices falling, Colliers' Q2 Capital Markets Snapshot reports multifamily investing dominated Q2, accounting for nearly half of all sales volume.
However, the report notes, "buyers are retrading regularly, mainly due
to higher borrowing costs, yet sellers are hesitant to
accept lower prices given the strength of asset-level
performance."
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