The Midyear Multifamily Investment Outlook

Industry leaders discuss how the investment climate will evolve in the second half of 2023.

How will the investment climate change in the second half of 2023? There are multiple moving parts in the economy and the financial market, and the situation has been compounded by recent bank failures and uncertainty. What’s changing in the lending scene, and who’s providing capital? Is anyone picking up the slack?

In this session, Mary Ann King of Berkadia, Jon Siegel of RailField, Jeff Adler of Yardi Matrix, Melissa Farrell of PGIM Real Estate and Joshua Westerberg of Mesa West Capital discussed one of today’s most pressing issues: access to debt and equity at a turbulent time for the capital markets.

Some of the topics our panel covered include:

  • Strategies for obtaining capital
  • Pitfalls to avoid
  • The outlook for interest rates
  • Federal policy issues
  • Data on investment volume and pricing
  • What’s ahead for the rest of the year

You may also want to read our article about the webinar discussion!


Mary Ann King
Co-Head of
Institutional Solutions,
Jon Siegel
Co-Founder & Chief
Investment Officer,
RailField Partners
Jeff Adler
Jeff Adler
Vice President
Yardi Matrix
Melissa Farrell, PGIM
Melissa Farrell
Head of U.S. Debt
Originations, PGIM Real Estate
Joshua Westerberg
Director, Originations,
Mesa West Capital
Suzann Silverman,
Editorial Director,
Multi-Housing News

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