Norman Radow, The RADCO Companies CEO, was recently featured as a guest columnist in Real Estate Finance & Investment. He shared his views on why interest rates are now the new normal as well as the ramifications for the multifamily industry.
On the long-term outlook of the industry,
In the wake of Brexit, headlines blared and news channels shouted adjective-laden descriptions of gloom. Banks, international companies with London offices, and much of Europe threatened retribution for the vote… The story is evolving rapidly and the traditional metrics used to gauge the direction of the economy and interest rates are in a state of confusion, making it difficult to grasp the impact of what is transpiring in both the global and national markets.
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