Rising interest rates, a potential policy-induced recession, credit terms, and valuation uncertainties are all a reality, but the current “doom and gloom” headlines oversimplify and obscure the long-term positive fundamentals of the multifamily asset class specifically. Ken Munkacy talked to GlobeSt about Kingbird’s research and analysis that shows the underlying fundamentals in the multifamily asset class – especially workforce housing – remain solid, and investing in distress as 2023 unfolds presents an opportunity to capture strong risk-adjusted returns.
