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Janover Highlights Distressed Property Risks and Top Multifamily Markets
Janover explains that distressed properties are real‑estate assets facing financial or legal trouble, such as foreclosures or short sales. Advantages include lower purchase prices, reduced competition and the potential to add value through renovation, while risks involve complex legal and financing challenges.
The firm also identifies five tertiary U.S. markets deemed resilient for multifamily investment amid rising interest rates and a looming recession: Knoxville, Tennessee; Charleston, South Carolina; Springfield, Massachusetts; Salt Lake City, Utah; and the Providence‑Warwick, Rhode Island metro area. It notes that Federal Reserve policy aimed at curbing inflation is influencing investor strategies, with multifamily assets viewed as recession‑proof due to ongoing housing shortages.
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Charleston, South Carolina · Federal Reserve · Janover · Knoxville, Tennessee · Providence‑Warwick, Rhode Island