Shifting work trends and changing lifestyles continue to make multifamily properties attractive assets in many geographies. Encompassing a broad range of housing including apartments, condominiums, co-operatives, affordable and low income, and single family home rentals – the multifamily sector offers growth opportunities for owners, investors, and developers.
The COVID-19 pandemic has potentially altered the demand for multifamily properties due to several factors. There are changing needs for different types of amenities both within an apartment and in apartment buildings. In addition, an increase in remote working opportunities and suburban satellite offices has changed demand within both urban and suburban settings. As the economy recovers and more businesses reopen, multifamily units will continue to evolve, but will remain a strong asset class within real estate.
Marsh's team of risk specialists has a deep understanding of the multifamily sector as well as tools to help identify, analyze, and mitigate the risks of multifamily properties.
