Tim Steuernol Tim Steuernol

Multifamily opportunities are beginning to stay on the market for longer periods of time, and properties offering pricing discounts are increasing as well, according to Tim Steuernol, EVP at NAI Capital. While multifamily remains one of the most popular asset classes for investment, this new trend is a clear departure from the trends that we have seen in recent years, which included fast multifamily sales with multiple offers and record pricing. Despite the increase in time to sale, Steuernol says that the market is still healthy and extremely strong.