The national apartment market may have shown some ever-so-slight signs of softening in 2017, but that doesn’’t mean investors have soured on the multifamily sector.
Apartment sales in the U.S. during the first half of 2017 totaled $55.3 billion, according to commercial real estate brokerage firm JLL. Granted, that figure represents a 22.3% decline from the first six months of what was a record-setting year in 2016. However, apartment executives say that, in a broad sense, the sector remains an alluring one for investors of all stripes.
