As we look ahead to 2023, there are a number of both risks and opportunities that investors need to consider. 

Multifamily real estate is currently performing well, with vacancies at a five-year low. However, the combination of market volatility, high inflation, and interest rate hikes could make 2023 a challenging year. Despite this, commercial real estate has always had a cyclical nature, and property owners and investors with strong balance sheets are well equipped to navigate market ups and downs. In fact, economic downturns can present opportunities for prepared investors to grow their portfolio at a lower cost, as there may be over leveraged building owners looking to sell at a low price.

It's good to have experience navigating different market conditions, as it can help investors make informed decisions and potentially identify opportunities. Landmark has a track record of successfully weathering market storms and has experience dating back to 1984. 

The Economic Outlook for 2023: What We Can Expect in Multifamily

The economic forecast for 2023 is a topic that's on everyone's mind. With the COVID-19 pandemic still underway and the U.S. economy in recovery mode, it can be difficult to predict what will happen over the next few years. Fortunately, Landmarks platform has been able to provide some insight into what we can expect in terms of inflation, interest rates, and rent growth over the coming year.