Considine: Multifamily owners have to keep eye on quality

11/27/2012 | REIT.com

Now that the residential housing market is showing signs of recovery, multifamily property owners will have to be extra vigilant about quality, Terry Considine, chairman and CEO of multifamily REIT Aimco, said at REITWorld 2012: NAREIT's Annual Convention for All Things REIT. "I think the economy will be choppy as people work through the government funding problems. There will be the emergence of new supply that will affect pricing at the high end of the price lines," he said.

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