CP Capital US: Multifamily Investment Outlook Remains Strong
Mar 06, 2023
Jay Remillard, Managing Director at CP Capital, recently spoke with Christine Serlin at Multifamily Executive about the firm’s long-term outlook for the multifamily industry. From favorable demographic, and job trends, to the sheer amount of capital that has been raised but not yet deployed for multifamily investment, CP Capital is anticipating a steady year for the asset class.
“If you look backward, multifamily always seems to make sense. The need for housing and the need for a place you can afford to live is so great,” says Jay Remillard. “There are some supply concerns for 2023 and 2024, but even with those heavy supply years we are still so far behind on how much housing is needed that we all feel good about the long-term prospects of multifamily.”