369: Deals That Won’t Get Refinanced Pose Great Buying Opportunities For Patient Investors

If you’ve been paying attention at all, you know there are clouds on the horizon in Commercial Real Estate. This is caused in no small part to escalating interest rates, which can move even higher. Amongst asset classes facing headwinds is multifamily. Depending on the market, there’s a glut of new construction, rents and occupancy are down, and expenses are up. As a result, many apartment complexes acquired over the past two to three years with floating rate debt will not get refinanced, which will translate into great deals for patient investors. Darin Garman, The Nations Most Trusted No BS Multi-Family Investment Advisor, has been in Multifamily for decades, and predicts great opportunities over the next six to 18 months.