With demographics driving property demand, the bigger picture points to generally strong drivers across the real estate spectrum.
When interest rates are discussed in broad terms, mortgage rates are the main lens, but the hikes are also spilling onto all segments of the housing industry, including multifamily.
Despite inflation and rising rates, multifamily maintains many of the same strong fundamentals as it did at the end of 2021.
Apartment rents are growing more slowly than they did in 2021, but at a pace faster than the years immediately preceding the pandemic, according to the latest national rent report by Apartment List.
On June 2nd, 2022 Randolph Taylor, Senior Associate and Multifamily Investment Sales Broker with the Chicago-Naperville eXp Commercial office was featured to speak about his Commercial Real Estate practice servicing Multifamily Buyers and Sellers throughout the Chicagoland area and Suburbs.
If you filed an extension for 2021, you still have time to get a cost segregation study done before the September and October tax filing deadlines to mitigate some or all of what you owe.