Multifamily, Industrial Remain Top Choices for Institutional Investors
Institutional investors remain committed to the best-performing sectors, according to exclusive WMRE research.
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Institutional investors remain committed to the best-performing sectors, according to exclusive WMRE research.
Share via Shortlink Multifamily lenders and policymakers have taken much the same approach with evictions and mounting debt during the pandemic: Put things off and hope the rental market’s problems resolve themselves before it’s too late. That strategy persists as vaccinations ramp up. But with a surge in Covid cases, restrictions on economic activity and evictions could continue for months. As landlords hold on, they are on the hook for more than $1 trillion in multifamily debt held by agency and bank lenders. Tenants’ debt, too, is building — they owe $57 billion in back ren...