MULTIFAMILY PROFITING FROM FORECLOSURE

MULTIFAMILY PROFITING FROM FORECLOSURE

Is Multifamily dead ….. Multifamily is only dead for inexperienced operators who failed to take adequate safety measures by using unmanageable floating interest rates. The Houston foreclosure of 3200 multifamily units has exposed the obstacles encountered by operators in this industry. Some may see this as worrisome, but Viking Capital sees this as an opportunity to grow,…