Real Estate Pros Predict More NY Multifamily Investments

Law360, New York (January 26, 2012, 4:56 PM EST) -- Experts at a New York real estate forecasting event on Thursday predicted an increase in investments in multifamily properties over the coming year, as people move back into cities from the suburbs and the pool of single-family homeowners shrinks.

Though the housing market faces numerous regulatory, political and economic uncertainties in the coming months, forecasters believe the multifamily housing market could be a bright spot in an otherwise slowly growing industry, with unique opportunities in New York.

“Multifamily is the only asset class to see a...
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