Cracks Begin to Show in Multifamily Lending

American Banker, July 22, 2020–Laura Alix
Multifamily has been one of the most reliable and best-performing commercial real estate sectors in recent years, benefiting from mass migration to cities and a greater shift toward renting over buying. But as the coronavirus pandemic gives people more reason to flee cities, and with a government-imposed moratorium on evictions set to end this week, multifamily lending is beginning to look a bit more risky to banks.