2H 2019 Review Eight months into 2019 and 10 years into the longest economic expansion in US history, financial markets and valuations continue to trend higher despite rising risks. Most pressing among these risks are continued China trade tensions and a recently inverted treasury yield curve. That said, timing the duration and depth of economic downturns and recoveries has proven to be challenging and historically is a losing strategy. Furthermore, there are powerful fact

While these points may be brief, we feel they offer some insight into the current state of the multifamily marketplace: At this time we now have 13mm more jobs than we had at the peak of 2007 which will add to overall economic stability. This equates to 9 years of adding jobs which is a record. This year will see a slowdown in job growth but it is partly driven by the labor shortage. Now there are 1.2mm more jobs than people looking for work - finding qualified personnel is v