Multifamily debt feels bite from rising interest rates

08/1/2013 | REIT.com

Rising interest rates have dampened debt financing conditions, according to the quarterly survey by the National Multi Housing Council. "Interest rates have risen 90 basis points since the April survey was conducted, leading two-thirds of the survey respondents to cite worsening debt finance conditions," said Mark Obrinsky, senior vice president for research and chief economist.

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