411: Distress Is Starting To Show In Multifamily

Cracks are starting to show in the multifamily space. Several owners have expiring rate caps and are underwater on their properties as they face dramatically increased debt payments. This is starting to force sellers to get realistic and capitulate on price. Great deals are starting to emerge with healthy spreads between interest rates and cap rates. Julian Vogel,

Fund Manager at Colony Hills Capital, is acquiring recession resilient Class B- to A- properties with 20% return targets in growth markets in the Eastern U.S.