With 2018 barely 2 months old, Real estate brands are not slowing down as they take on 2018 by constructing more residential, office, commercial, and retail projects. They explained that while the industry will continue its growth this year due to the country’s “bullish economy, young demographics and consumption-driven market,” the increase of infrastructure projects that will improve the business environment is also a major contributing factor.
Making noise is the MDU or multidwelling unit which means a classification of housing where multipleseparate housing units for residential inhabitants are contained within one building or several buildings within one complex. A common form is an apartment building. 2017 was a good year for multifamily housing, and the keyword on the ground for 2018 is "stable." There's still a lot of potential in the mid- and lower ends of the market, and an opportunity for investors to fill the demand that federal housing can't. Walker & Dunlop is a leader in the multifamily lending space, ranking within the top five largest multifamily lenders with Fannie Mae, Freddie Mac, and HUD. The Company has also significantly increased its brokered loan originations; in the first three quarters of 2017, the Capital Markets team closed a record $5.2 billion in total brokered volume, up 23 percent from the full-year 2016 figure.
When it comes to real estate we should look for consistently and most importantly "fight for quality" rather than a "flight to quality." We should prefer hard work and assemble the expertise needed to effectively renovate and reposition properties than go straight into a bidding war for the most attractive luxury offerings on the market.