Flush with capital and boosted by solid fundamentals, multifamily real estate rolls into the new decade with an optimism that seems almost too good to last.
Forget about the millennials. With retirements looming, longevity increasing, and housing prices just right for equity liquidation, baby boomers are the here and now of the next decade of multifamily demand.
Capital constraints and lifestyle changes among renter demographics are converging to make smaller, denser, downtown apartment communities the hottest spots to build.