Apartment Prices and the Fed in 2023

Following the high profile bank crises earlier this month are worries regarding commercial real estate debt, but while multifamily investors continue to wait for distressed assets and buying opportunities that have yet to arrive in significant numbers, office properties are under greater stress, with ⁠growing⁠ ⁠concern⁠ ⁠of⁠ ⁠a⁠ ⁠crisis⁠ in the office real estate market that could contribute to a downturn in the larger economy.