Midyear Multifamily Lending Perspectives

NewPoint CEO David Brickman recently spoke with Multifamily Executive to share his thoughts on the first half of 2024 and what to expect moving forward. Despite muted transaction volume thus far – with the higher interest rate environment as the main culprit – Brickman is optimistic that conditions will improve as borrowers adapt to a new normal.

"Life must go on, transactions need to happen, deals need to be financed," he said. "Multifamily is still a healthy asset class. We're starting to see some of those green shoots potentially materialize, and people are coming out of their hiding holes and looking around. I am optimistic we will see more activity in the second half of the year."

Read the article on MFE for Brickman's full thoughts on the market.