What Greystar’s belief in multifamily says about the health of the economy

Greystar CEO Bob Faith says he’s “very bullish” on the multifamily sector and so are investors, whether or not the economic cycle is past its peak. When asked if the South Carolina-based firm was looking to increase exposure to the sector or raise more funds for multifamily investments, Faith told Bloomberg that “capital is hungry for yield” and multifamily offered stability going into a downturn. “When you go into a recession, people still have to

source https://therealdeal.com/2020/02/15/what-greystars-belief-in-multifamily-says-about-the-health-of-the-economy/