Annual Meeting Recap: Both Tailwinds and Headwinds Lie Ahead for Multifamily Industry
Woodland Hills, CA— February 3, 2022— Investors Management Group attended the 2023 National Multifamily Housing Council (NMHC) Annual Meeting in Las Vegas. Designed exclusively for NMHC Members, the meeting is the largest gathering of the year where multifamily industry leaders come together for educational presentations and networking. A record-breaking turnout of more than 8,500 industry professionals attended the four-day event.
Speakers agreed that it will tougher for financing and investment over the next year as inflation, monetary policy, shifts in capital markets and market fundamentals create a volatile economic landscape.
Despite these headwinds, an opportunities narrative was a common thread through the week’s events. During a session on the multifamily investment outlook, one panelist noted that “the desire to invest is strong, and the ability is hamstrung, but it won’t be impossible. Even while Fed was hiking rates, we just had the second-best year for transaction volume ever. You’ll see a little bit more transactions this year than you might think, and the investors will be the winners.”
For more 2023 event highlights, visit NMHC.org.