CWCapital Markets Update - Fourth Quarter 2017

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In This Issue

Feature — Our year-end assessment of multi-family fundamentals

Economy — Positive year-end employment and economic trends. Rising short rates, a flattening yield curve, and tightening spreads.

Cyclical highs and volatility in property prices

Three Trends We Are Watching:

  • Cyclical highs in property prices
  • CMBS conduit market share
  • Increasing interest rates
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