The 39th Annual Crocker Symposium - Reviving Multifamily Housing Development: Hurdles and Opportunities
With a shortfall of available financing, falling rents, and unstable home prices, it is nearly impossible to undertake new residential development for apartments and condominiums. However, market conditions are continually shifting. During this panel, a top researcher, a leading developer, and a city planning department representative will explore the evolving state of the multifamily housing market. Specifically, the panel will review today’s key challenges and opportunities relating to entitlements, affordability requirements, construction, broken or incomplete condominiums, recent legislation affecting multifamily real estate, and overall project feasibility. Finally, the panel will offer its perspective on what the future holds for this unique facet of the real estate industry.