JPMorgan Chase: How Multifamily Investors Can Prepare for a Recession
March 17, 2023 | JPMorgan Chase
More than half of commercial real estate leaders—including those with multifamily property rentals—believe a recession is likely this year, according to JPMorgan Chase’s 2023 Business Leaders Outlook: Commercial Real Estate.
We asked three experts—Al Brooks, Head of Commercial Real Estate for JPMorgan Chase, Victor Calanog, Head of Commercial Real Estate Economics for Moody’s Analytics, and Ginger Chambless, Head of Research for Commercial Banking at JPMorgan Chase—to weigh in on the impacts of a possible recession on the multifamily property market.
They all agreed: Recent economic data has been mixed. And uncertainty is one of the few things you can count on in the current economy.
