Multifamily’s Bounce Back Will Be Sharpest in These Markets

Banks like JP Morgan Chase aren’t highly concerned about their multifamily loans going bust because a “bounce back” (read: rent increases) is expected in markets like Phoenix, Charlotte and Nashville. “Markets are never static and strong rent increases are likely to resume in traditionally higher growth cities as excess supply is absorbed,” according to CBRE.

Source: https://www.orionprop.com/topfive/multifamilys-bounce-back-will-be-sharpest-in-these-markets/