Multifamily property values could decline by as much as 20 percent next year, according to a forecast by Barclays Capital. For property values to remain flat, net operating income would have to increase by 6 percent annually if interest rates increase by 1.5 percentage points. NOI increases have underperformed that hurdle.
The post Multifamily Property Values Seen Dropping as Much as 20 Percent Next Year appeared first on Commercial Real Estate Direct.
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