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How Appraisal Experts Are Navigating Choppy Waters in Multifamily
Description
In the last 12 months, multifamily investors have been plucking up opportunities far and wide, driving a historic surge in deal volume. The transaction activity has put pressure on valuation experts to keep up with unyielding demand. Meghan Czechowski, SVP and the head of Apprise by Walker & Dunlop, says the activity is extending appraisal timelines from two to three weeks to four to six weeks. But through innovation, companies like Walker & Dunlop are carving a path forward.
In this episode of GlobeSt.com's Multifamily Visions podcast series, Czechowski explains how appraisal platforms are evolving, and offers critical information about the economic headwinds and changing market fundamentals that could impact property valuations in the year ahead.
To hear more from Czechowski, press play.