HomeUnion Exec Says Rate Hike 'Creates Some Urgency'

Law360, Minneapolis (December 21, 2016, 10:51 AM EST) -- Multifamily real estate investors who had been undecided about doing deals now face a heightened sense of urgency amid rising interest rates, but that pressure is just one of many for potential investors to consider, the director of research for online real estate platform HomeUnion told Law360 in a recent interview.

Higher rates, tighter underwriting and potentially more capital required to do deals are causing a split among investors — some are abandoning deals entirely, while others are trying to get them done quickly with the...
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