Not exact matches
Bell says it wasn't difficult to drop down to just the general
multifamily market, still the best
sector, with rents increasing for the past three years and vacancy of 5.5 percent at the low
end of historical norms — but he says the leading fundamentals weren't his only guide.
Multifamily REITs had 91 properties under construction as of the
end of August, according to S&P data — more than any other REIT
sector except for industrial.
With the increasing popularity of
multifamily properties as an investment class, some industry pros are beginning to question whether the
sector might
end up overbuilt...
By comparison, the
multifamily sector was responsible for 22 % of all dividend cuts, with retail REITs rounding out the high -
end of the list at 23 %.