Not exact matches
And today,
as the economy and the rest
of the commercial real
estate industry pick up, and the dark cloud
of the Great
Recession lifts, multifamily still shines, according to the
results of NREI's exclusive survey.
It was an eye - opening time for many real
estate investors and developers because student housing was highlighted
as being
recession - proof — while other sectors saw huge declines, student housing was booming thanks to increased enrollment and many people returning to college to pursue higher degrees
as a
result of the lackluster job market.
It is somewhat ironic that just
as real
estate values greatly contributed to the Great
Recession and the
resulting credit crisis, commercial real
estate valuations are now poised to provide a growing number
of small and mid-sized businesses with an asset - based financing solution to assist in their recovery.