The multifamily market in the United States is still going strong, despite the large wave of new supply. Investors are adapting their strategies to accommodate the demographic and economic shifts that have led to an increased interest in secondary markets and cities that have showed a slower recovery after the recession. Even though oversupply might seem like an obstacle, experienced investors know how to use the challenge in their favor. David Snyder, chairman & CEO of Continental Realty Advisors (CRA), discussed the company’s approach to multifamily acquisitions and zeroed in on several emerging markets.
Source: Multi-Housing News