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Berkadia's 2023 Outlook Powerhouse Poll finds that the multifamily market remains healthy despite capital markets uncertainty

Berkadia’s Powerhouse Poll Forecasts Continued Multifamily Rental Demand

Berkadia’s 2022 Mid-Year Powerhouse Poll finds 80% of the firm’s mortgage bankers and investment sales agents expecting multifamily rental demand to continue outpacing supply for the remainder of 2022. Despite uncertainty stemming from rising interest rates and persistent inflation, the multifamily sector of commercial real estate remains strong but will likely experience a slowed rate of production as investors grapple with economic volatility. 

“With the rising cost of homes and interest rates, the renter lifestyle has increased investor demand in primary and secondary markets across the country,” said Ernie Katai, head of production at Berkadia. “While we will continue to navigate economic volatility in the second half of the year, our team provided a strong start to 2022.” 

The proprietary poll, conducted in July, collected insights from 123 Berkadia investment sales agents and mortgage bankers to gauge expected CRE activity and opportunities for the second half of 2022 and beyond. 

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Berkadia's Katai

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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