Summary: The apartment sector has had an incredible run since the Great Financial Crisis, and now apartment construction is at a 42-year high. Alas, the market is finally showing signs of slowing, with cap rates compressing to record lows. Still, many investors reason that much pent-up demand still exists among millennials. What's more, the stigma of renting has subsided. Loretta Clodfelter, editor of Institutional Real Estate Americas, joins us to discuss the story, written by IREI editorial director Larry Gray for the November 2016 edition.
