How Is 2021 Shaping Up for Multifamily?
- Mar 17, 2021
A year into the pandemic, most real estate professionals have high hopes that 2021 will bring much-needed stability. Despite more than 10 million renters being behind on rent as of January, there are some economic improvements that make multifamily operators see the light at the end of the tunnel. The $1.9 trillion stimulus bill that includes $27.4 billion in rental assistance passed last week and—although concerned because of the lag in previously getting those funds in the hands of those who need it—most multifamily players are confident.
In this podcast episode, National Apartment Association Director of Research Paula Munger and Multi-Housing News Senior Associate Editor Laura Calugar talk about changes the pandemic brought to the industry. One trend already visible in 2021 is that landlords are trying to diversify their portfolios. Those who weren’t in the Class B/C housing sector or in the single-family rentals market are striving to add those well-performing asset classes to their portfolios.
Tune in now for a down-to-earth conversation on how things are shaping up for the U.S. economy in general and the multifamily industry, in particular. Don’t forget to follow MHN’s podcasts on Apple Podcasts and Spotify!