Not to state the obvious, but multifamily is a significant asset class for commercial real estate. Its fundamentals have remained solid, even as the new supply coming on line has helped to tamp down rental rates. For that, we can thank the enthusiastic demand for the
But multifamily is more than a simple story about supply and demand, rental rates and vacancy
levels. It is also about the product and the dynamics behind it, such as that product’s related services and amenities. Not to mention its unique capital market environment; no other asset class
has the solid financial backing that Fannie Mae and Freddie Mac provide.
In the following pages you will read about people who know full well these fundamental truths
about the multifamily story. These people—our selection of this year’s multifamily influencers—
have long grasped the complete picture of multifamily’s role in society and have forged ahead to
offer such projects as affordable housing, luxury apartments and everything in between.
They have done so by harnessing their green prowess and what they know that resonates in
design. They are savvy financiers, leveraging the GSEs to the greatest extent possible. Most have
proven to be quite prescient, remaining a step ahead of the current cycle, focusing on, say, certain
second or third tier markets or pushing resources into an adaptable reuse project long before the
concept became in vogue.
Indeed, you could say that multifamily’s story wouldn’t be complete without these influencers
playing the main characters.
REAL ESTATE FORUM PRESENTS
M U LTI FAM I LY