Kingbird managing director, Lei Farrand is quoted in MultiHousing.com today about how the Fed’s rate call will impact multifamily. While the firm predicts that rate cuts will likely bring a general sense of relief and optimism across the industry, she cautions that the implications for construction of real estate investment portfolios are more complex. At Kingbird, we pay close attention to the ‘top-down’ macroeconomic signals like the interest rate decisions but our strategy is further rooted in a deep understanding of the micro (‘bottom-up’) dynamics at the property and market levels. This approach more effectively manages downside risk and allows the firm to construct cycle-resilient portfolios for our investors.
