While the national multifamily industry is emerging from the pandemic in relatively good shape, the California apartment industry has been battered by a number of challenges including:
California Multifamily Development, Construction & Design Trends
10th Annual Multifamily Forum California
Webinar
When
9.27.21 — 9.29.21Where
Webinar- Repeated attempts to enact rent control
- Population outflow to other states
- Persistently high taxes
- Shortages of lumber and other materials
- Large number of regulations
- Hostility towards development and density
- High land prices
- Short term demand shortfalls in urban areas
- Eviction moratoriums
- Slumping rents throughout 2020
As a result, many multifamily investors are increasingly looking elsewhere for their next acquisition or investment. Is this a contrarian opportunity? There are silver linings among the clouds, as the state opens up and the economy returns back to “normal”. How will the California apartment industry fare in the coming months and years?
Speaker
