Multifamily Transactions, Dollar Volumes Soar Across NYC

  • April 19, 2022
  • GlobeSt.

Adam Schwartz, senior managing director, Walker Dunlop, tells that he continues to see strength in the NYC multifamily market, marked by no concessions on deals. “There is a lot of appetite from lenders on both existing stock and ground-up development,” Schwartz said. “Rates are out a little bit with the community banks, but everyone is lending. So, we expect to finance several billion dollars of multifamily this year in NYC.”

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