Toorak
Filling the Gap in Small Balance Multifamily Financing
Updated: Mar 16, 2022
Toorak Capital Partners CEO John Beacham recently shared his insights with Multi-Housing News on meeting the urgent demand for multi-family inventory that did not exist pre-pandemic. Covid19 migration patterns out of urban areas have exposed many shortcomings in the U.S. housing market, most notable being the lack of sufficient housing supply in suburban locations. “Many of those leaving city centers (and not returning) are not in a position or do not prefer to purchase a single-family home. They prefer the convenience, and oftentimes amenities, of multifamily rentals”, says Beacham. Read the full article here: https://rb.gy/gjp8mr