The Connect Team was able to corral two CRE leaders in Texas to get their comments about what to expect for the second half of 2022 in the multifamily space.
Joel Chetner, Managing Director with Meridian Capital and Jeremy Edmiston, Senior Managing Director with Cushman & Wakefield were put on the hot seat.
The first question was “what is your outlook for the remainder of 2022?
JC—“Overall, fundamentals still remain strong and I expect it to continue in the near and longterm”
JE—“With huge job growth and in-migration there will be a huge demand for multifamily, especially Built-to-Rent. Looking for a favorable back 9 for 2022”
Both agree the industry has already adjusted to higher interest rates and the deal flow is still robust.
Here is the interview of their brief Q & A.