Apartment sector fundamentals appear well positioned, despite recent moderation
Mar 14, 2023
CP Capital Co-Head Kristi Nootens recently spoke with Loretta Clodfelter at IREI for a story on the multifamily sector’s outlook in 2023. In the article, Kristi discusses how interest rates, homeownership cost increases, and more are impacting the space, and what that means for CP Capital’s investment strategy.
“Despite current macroeconomic headwinds, CP Capital’s investment thesis remains the same,” said Nootens. “We plan on continuing to invest in development projects alongside our best-in-class development partners, and delivering high-quality multifamily projects as the economy eventually improves and market conditions strengthen. Our strategy is born out of a healthy long-term perspective on multifamily as an asset class, focusing on strong underlying fundamentals and historical precedent.”