2020 has been a challenging year for real estate investors, but those with multifamily properties in their portfolios may have fared a bit better than most. As Millionacres’ Brad Cartier summed up in his multifamily year in review, delinquency rates for multifamily homes were low despite the coronavirus pandemic and recession it instantly spurred. Over 98% of apartment loans were current as of August 2020, and rents also remained fairly stable, with 90.6% of landlords collecting in October.
In the coming year, multifamily investors could face some challenges. But they may also be in a position to capitalize on a world of opportunity…VIEW FULL ARTICLE HERE
Published Nov 30, 2020 by