Within the final 12 months, multifamily buyers have been plucking up alternatives far and broad, driving a historic surge in deal quantity. The transaction exercise has put stress on valuation consultants to maintain up with unyielding demand. Meghan Czechowski, SVP and the pinnacle of Apprise by Walker & Dunlop, says the exercise is extending appraisal timelines from two to 3 weeks to 4 to 6 weeks. However by way of innovation, firms like Walker & Dunlop are carving a path ahead.
On this episode of GlobeSt.com’s Multifamily Visions podcast sequence, Czechowski explains how appraisal platforms are evolving, and affords vital details about the financial headwinds and altering market fundamentals that might influence property valuations within the 12 months forward.
To listen to extra from Czechowski, press play.
