Inside the scandal that could explode multifamily real estate

Everything is going swimmingly in multifamily real estate these days, right? Rents keep rising, construction is still chugging along, deals are being made, and delinquencies are still at historic lows. It appears there could a deep, dark secret at the core of multifamily lending that could destroy the market. And in a truly sad bit of irony, the secret could be very similar to the one that crushed the single-family housing market 10 years ago.

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