Despite growing economic uncertainty surrounding global trade and a record-long expansion, the commercial real estate sector is maintaining steady growth.
While geopolitical, macroeconomic and real estate market uncertainty contributed to a modest slowdown in commercial real estate transaction activity to start off 2017, volume picked up as the year progressed, with prices remaining high and cap rates and interest rates still at historic lows.
This month we salute the largest multifamily owners. The apartment sector has enjoyed a considerable amount of success coming out of the recession due to both demographic and economic drivers.
Our observation is that successful owners are not just traders in and out of properties each time a cap rate adjustment occurs. Cycles come and go, but long-term ownership keeps you looking smarter year over year.