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Apartment transactions plummet

December 6, 2022


MSCI is only one of the sources pointing to a slowing apartment sales market this fall.

Lending for apartments decreased by 16% year over year in the third quarter, according to the Mortgage Bankers Association’s Quarterly Index of Commercial/Multifamily Mortgage Bankers Originations. Originations fell 12% compared to the second quarter.

Part of the problem is that investors aren’t able to access the leverage necessary to get deals done, according to one apartment executive.

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