multifamily developers
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 18, 2023 by David Sacks · across every show →
Everything said about multifamily developers, oldest first
Aug 18, 2023 neutral
Sacks: Multifamily real estate is hurting from multiple compression, not vacancies
“The reason those multifamily developers are getting whammied right now is, again, it's not because of vacancy. Everyone wants their apartments. The problem is multiple compressions. The value is much lower, which means they can't get as much debt.”