Rising rates slowing multifamily development as US approaches 'self-induced' recession

"There are record amounts of money and investment funds being raised right now to take advantage of the lower prices that are coming," one real estate executive says.


Casey Babb, executive managing director, multifamily investments, for Colliers. (Courtesy photo)
Casey Babb, executive managing director, multifamily investments, for Colliers. (Courtesy photo)
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