Commercial Real Estate
Preparing for an Economic Correction
In an interview with Multi-Housing News, Commercial Banking’s Head of Commercial Real Estate discusses what’s shaping the multifamily segment and how investors are preparing for a potential downturn.
As the multifamily real estate sector continues to benefit from the longest economic expansion in US history, savvy investors and developers are also taking steps to withstand a correction in the near term. “The winners over time are the ones who have the liquidity to act on opportunity,” said Al Brooks, Head of Commercial Real Estate, in a recent interview with Multi-Housing News. Aside from economic risks, Brooks discussed other top challenges and opportunities for the multifamily environment, including the growing demand for affordable housing and the ways technology can help streamline real estate businesses.