Multifamily is emerging from the pandemic relatively unscathed. After a period of softening fundamentals, the sector turned a sharp corner at the beginning of the year and has been accelerating ever since.
That said, there have been indelible changes to the asset class from the health crisis that will likely last for some time. For example, the migration to the Sun Belt, and the increased importance of “home” for renters and house buyers alike. The multifamily professional must negotiate additional issues, such as rising materials costs and an affordable housing crisis that is begging for a solution.
These issues, while not as upending as the pandemic has been, will be among the defining characteristics of this next round of apartment investments and developments. Even savvy professionals will need guidance as they move away from the pandemic and into a new era for the asset class.
GlobeSt. Real Estate Forum is honored to once again shine a spotlight on some of the biggest influencers across the multifamily real estate sector. Our next Influencer series installment will feature some of the most notable professionals in the multifamily scene, from developers, investors and brokers to those introducing new concepts and products to the business.
We plan to honor the chosen 2021 Multifamily Influencers at a celebratory awards ceremony this fall – assuming health and safety guidelines allow. In addition, the 2021 Multifamily Influencers will be profiled in GlobeSt. Real Estate Forum’s October issue, and will gain recognition on GlobeSt.com. Whether at our event, or within our pages, our hope is that the industry will gain insight from the nominees’ stories, thus preparing their transactions and investments for continued success.