
1033 - What Happened? An Analysis of the Multifamily Meltdown by Paul Moore
BiggerPockets Daily
00:00
The Rise and Fall of the Syndicate Market
The CRE and general economic boom served as a rising tide to lift almost every boat. With hundreds of syndicators competing for every deal, something had to give. Interest rates rose at an unexpected rate doubling debt service costs in some cases. Insurance and property taxes increased by 50 to 75 percent or more in the past year.
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