Apartment Sales To Stay Brisk In 2018
“The Midwest apartment market has attracted and will continue to attract all types of investors: private, institutional and international.” That’s the word from Jay Madary, president and CEO of JVM Realty Corp, in a recent Q&A with GlobeSt.com.
Madary also says multifamily supply and demand are in balance in the Midwest despite recent upticks in new construction. “I really do think developers and construction lenders learned some lessons from past cycles and fortunately stopped well short of any serious overbuilding in the region,” he said.
To read more of Madary’s thoughts on the Midwest apartment market, click here. (Note: A subscription is required to view the entire article.)