No Raise Expected for Apartment Cap Rates

Most Think Multifamily Cap Rates Will Stay Put
The movers and shakers in multifamily feel very positive about the overall forecast for the industry. We are not so sure. We believe there is a subtle softening in the market as more product is being exclusively listed. Also with European banks under even more pressure to capitalize positions. 


We believe there will be a greater number of multifamily assets and debt coming on the market for 2012. The new year is shaping out to be quite the year for multifamily, stay tuned with Latitude 38 Group.

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Videos:


1. US Multifamily Cap Rates: Keep On Keeping On


2. US The Battle for Multifamily Space - Fall 2011


3. US The Rent versus Own Conundrum

GDP at 5.7%

The U.S. economy surged at the end of 2009, driven more by slower inventory liquidation than by consumer spending. Gross domestic product rose at a seasonally adjusted 5.7% annual rate from October through December, the Commerce Department said Friday in its first estimate of fourth-quarter GDP.

GDP has gone up two straight quarters, rising 2.2% in the third quarter after a year of contraction. In all of 2009, GDP fell 2.4%, the biggest drop for an entire year since 10.9% in 1946.

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